Saturday, November 15, 2008

A Study in Contrast

This article, a study in contrast has been sent by Merrill Smith.
Of course, the article is dated, having been written more than a year ago.
With the share market crash, there has been a marked decrease in the wealth of the persons mentioned, but that does not take away the point the writer is trying to make out.

It has been written by a Pakistani journalist..........
Dr Farrukh Saleem
12/9/2007




The two Ambani brothers can buy 100 percent of every company listed on the
Karachi Stock Exchange (KSE) and would still be left with $30 billion to spare.
The four richest Indians can buy up all goods and services
produced over a year by 169 million Pakistanis and still
be left with $60 billion to spare. The four richest Indians
are now richer than the forty richest Chinese.

In November, Bombay Stock Exchange's benchmark Sensex
flirted with 20,000 points. As a consequence, Mukesh Ambani's
Reliance Industries became a $100 billion company (the entire
KSE is capitalized at $65 billion). Mukesh owns 48
percent of Reliance.

In November, comes Neeta's birthday.
Neeta turned f orty-four three weeks ago.
Look what she got from her husband as her birthday present:
A sixty-million dollar jet with a custom fitted master bedroom,
bathroom with mood lighting, a sky bar, entertainment cabins,
satellite television, wireless communication and
a separate cabin with game consoles.
Neeta is Mukesh Ambani's wife, and Mukesh
is not India's richest but the second richest.

Mukesh is now building his new home,
Residence Antillia (after a mythical,
phantom island somewhere in the Atlantic Ocean).
At a cost of $1 billion this would be the most expensive
home on the face of the planet.
At 173 meters tall Mukesh's new family residence,
for a family of six, will be the equivalent of a
60-storeyed building.
The first six floors are reserved for parking.
The seventh floor is for car servicing and maintenance.
The eighth floor houses a mini-theatre.
Then there's a health club, a gym and a swimming pool.
Two floors are reserved for Ambani family's guests.
Four floors above the guest floors are
family floors all with a superb view of the Arabian Sea.
On top of everything are three helipads.
A staff of 600 is expected to care for the family and their
family home.

In 2004, India became the 3rd most attractive foreign direct
investmentdestination.
Pakistan wasn't even in the top 25 countries.
In 2004, the United Nations, the representative body of 192
sovereign member states, had requested
the Election Commission of India to assist the UN in the
holding elections in Al Jumhuriyah al Iraqiyah and
Dowlat-e Eslami-ye Afghanestan.
Why the Election Commission of India and not the
Election Commission of Pakistan? After all,
Islamabad is closer to Kabul than is Delhi.

Imagine, 12 percent of all American scientists are of
Indian origin; 38 percent of doctors in America are Indian;
36 percent of NASA scientists are Indians; 34
percent of Microsoft employees are Indians;
and 28 percent of IBM employees are Indians.

For the record: Sabeer Bhatia created and founded Hotmail.
Sun Microsystems was founded by Vinod Khosla.
The Intel Pentium processor, that runs 90 percent of
all computers, was fathered by Vinod Dham.
Rajiv Gupta co-invented Hewlett Packard's E-speak project.
Four out of ten Silicon Valley start-ups are run by Indians.
Bollywood produces 800 movies per year and six Indian ladies
have won Miss Universe/Miss World titles over the past 10 years.

For the record: Azim Premji, the richest Muslim entrepreneur
on the face of the planet, was born in Bombay and now
lives in Bangalore.
India now has more than three dozen billionaires;
Pakistan has none (not a single dollar billionaire).

The other amazing aspect is the rapid pace at which
India is creating wealth.
In 2002, Dhirubhai Ambani, Mukesh and Anil Ambani's father,
left his two sons a fortune worth $2.8 billion.
In 2007, their combined wealth stood at $94 billion.
On 29 October 2007, as a result of the stock market
rally and the appreciation of the Indian rupee,
Mukesh became the richest person in the world,
with net worth climbing to US$63.2 billion
(Bill Gates, the richest American, stands at around $56 billion).

Indians and Pakistanis have the same Y-chromosome haplogroup.
We have the same genetic sequence and the same genetic marker
(namely: M124).
We have the sam e DNA molecule, the same DNA sequence.
Our culture, our traditions and our cuisine are all the same.
We watch the same movies and sing the same songs.
What is it that Indians have and we don't?





INDIANS ELECT THEIR LEADERS

Another difference he has not pointed our is India was
born of a non-violent movement while Pakistan was created by
shedding blood on religious basis.
Those who live by the sword die by the sword.
That is why most of their rulers have either been killed or
hanged or banished from their country.

LONG LIVE INDIA, INSPITE OF OUR CORRUPT POLITICIANS

No comments: