What It’s Like To Be A Billionaire In India | Billionaire Lifestyle
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Wealth does not remain static, especially during the fluctuating industry scenario today. India has produced several billionaires, who occupy a significant number of slots on the list of wealthiest persons in the world today. The lavish lifestyle of the billionaires has been a dream of every Indian because of the most attractive world which surrounds them.
Mukesh Ambani, who has successfully diversified his oil and gas empire into fast-rising sectors such as telecom and retail, reclaimed his spot as Asia’s richest person, with a net worth of $84.5 billion. The second spot has been taken by infrastructure tycoon, Gautam Adani with a $50.5 billion with shares of his companies, including Adani Enterprises and Adani Green Energy, rocketed. Adani, who shares Gujarati roots and a deal-making instinct with Ambani, expanded aggressively into airports, unfazed by the travel slowdown. He also secured France’s Total, his partner in the gas business, to invest in his renewable energy company. The third place is banged by Shiv Nadar, an Indian billionaire industrialist, the founder and chairman Emeritus of HCL Technologies Limited and the Shiv Nadar Foundation. Nadar founded HCL in the mid-1970s and transformed the IT hardware company into an IT enterprise over the next three decades by constantly reinventing his company's focus.
According to a report by the Johannesburg-based company New World Wealth, India is the second-most unequal country globally, with millionaires controlling 54% of its wealth. With a total individual wealth of $5,600 billion, it’s among the 10 richest countries in the world – and yet the average Indian is relatively poor. In India, the richest 1% own 53% of the country’s wealth, according to the latest data from Credit Suisse. The richest 5% own 68.6%, while the top 10% have 76.3%. At the other end of the pyramid, the poorer half jostles for a mere 4.1% of national wealth. Oxfam believes that, this sharp rise in inequality in India – and in many countries around the world is damaging and that countries need to make an effort to curb it.
The world's millionaires are moving to new countries at a higher rate than ever, Bloomberg reported, often for tax purposes or to escape a country's economic or political tensions." The wealthy today don't have a country," Reaz H. Jafri, a partner at Withers Worldwide, which helps affluent clients relocate around the world, told The New York Times in 2017." They don't view their success as being related or dependent on a single country, but on their own business strategies. It's amazing to me how many of the very wealthy are going totally mobile."
Mukesh Ambani owns BMW i8 and Bentley Bentayga in his garage among his 168 car collection. Mukesh Ambani's BMW i8 is one of the most stunning cars in India. The businessman owns it in a gorgeous matte black shade. It's a hybrid sports car and has been considered one of the most futuristic cars in the world. He also owns a vanity van for which he had to pay $200,000 as a tax to drive on road for once.
Gautam Adani, the 52-year-old shy billionaire lives in his sprawling bungalow off the Sarkhej-Gandhinagar highway in Ahmedabad. He grew up in the modest Ratanpole area of the walled city where people still remember him riding his grey Bajaj Super scooter in the 1980s. His first car was a Maruti 800. Today, he is the proud owner of a fleet of luxury cars, which includes BMWs and stretch limousines, but his favourite, people close to him say, is his red Ferrari. Today, his house, they say, has a helipad and his fleet includes three helicopters, three Bombardier and Beechcraft planes with a seating capacity of eight, 37 and 50, respectively.
What are the most expensive things in the world? Even the billionaires would think twice before purchasing these. Most of these things are probably out of our reach and only bought by collectors with deep pockets. These luxury brands were created for the lifestyle of the rich and famous. Most of the things probably aren't practical but when it comes to billionaires that don't matter much for them they just get whatever they want. These extravagant items are made from the worlds leading craftsmen using the rarest and most expensive materials to create. It is truly billionaire lifestyle and millionaire too if they have enough money.
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