forbes list..hmm

[Bpositive]

Top 10...by citizenship

Warren Buffet - US
Carlos Slim Helu -Mexico
William Gates III - US
Lakshmi Mittal -India
Mukesh Ambani -India
Anil Ambani - India
Ingvar Kamprad -Sweden
KP Singh -India
Oleg Deripaska - Russia
Karl Albrecht -Germany


India's youngest billionaire, Gehlaut turns 34 in early March 2008. An engineer from India's elite Indian Institute of Technology, Delhi, he started online brokerage Indiabulls with two college pals in 1999; he still heads the company and is its largest shareholder.


Hmm...makes you think, doesn't it?

[Green.Tech]

Originally Posted by Bpositive

Top 10...by citizenship

Warren Buffet - US
Carlos Slim Helu -Mexico
William Gates III - US
Lakshmi Mittal -India
Mukesh Ambani -India
Anil Ambani - India
Ingvar Kamprad -Sweden
KP Singh -India
Oleg Deripaska - Russia
Karl Albrecht -Germany


India's youngest billionaire, Gehlaut turns 34 in early March 2008. An engineer from India's elite Indian Institute of Technology, Delhi, he started online brokerage Indiabulls with two college pals in 1999; he still heads the company and is its largest shareholder.


Hmm...makes you think, doesn't it?

Makes you think what?

[sanjay]

Originally Posted by Bpositive

Top 10...by citizenship

Hmm...makes you think, doesn't it?

Sorry for my ignorance, but still could not figure out what you want to convey. Can you please explain?

[gcisadawg]

Originally Posted by sanjay

Sorry for my ignorance, but still could not figure out what you want to convey. Can you please explain?

I think this is what he was trying to convey...

Few years ago, we did not have any Indian Citizens in the top-10 of Forbe's Wealth list. Now, we have 4 out of top 10! I think the message thet the OP is trying to convey is..

"Look, the grass is really 'greener' on the other side! Why all the fuss about
something which is not even green in color?"

[Bpositive]

Originally Posted by gcisadawg

I think this is what he was trying to convey...

Few years ago, we did not have any Indian Citizens in the top-10 of Forbe's Wealth list. Now, we have 4 out of top 10! I think the message thet the OP is trying to convey is..

"Look, the grass is really 'greener' on the other side! Why all the fuss about
something which is not even green in color?"

And I emigrated in 1999. When we typically didn't have young grads from IITs becoming billionaires quickly through India based entrepreneurial ventures..The world order changeth. It is good to note and also to take advantage...

[lotsofspace]

Originally Posted by Bpositive

And I emigrated in 1999. When we typically didn't have young grads from IITs becoming billionaires quickly through India based entrepreneurial ventures..The world order changeth. It is good to note and also to take advantage...

I agree !!
Some one noted and I am paraphrasing here :
When you look back, you never regret for what you have done in the past but you regret what you did not do.

This may be the only one you "regret DOING". Immigrate and wait for this stupid card and put all your plans on hold.

It does not mean that every one who came here would have become billionaires if they stayed back. But for some the life would have been equally good, if not better, if they stayed back and their innovative ideas are not stifled because of their visa status and/or country of origin.

[p_kumar]

If you have an idea and know how to start a company and take it public, your visa status is not an issue in US. Greencard is required to lead a normal, good life. And in that sense, many people can get normal good life in US than in India. Thats why we came here and thats why we want greencard.

[Bpositive]

Personally, I have no regrets at all. I am doing quite well in the US despite my irritation with the visa issues. All I wanted to highlight was that there are some major changes taking place around the world that we need to be cognizant of and be able to benefit from - both for ourselves and the next generation.

[p_kumar]

Originally Posted by Bpositive

Personally, I have no regrets at all. I am doing quite well in the US despite my irritation with the visa issues. All I wanted to highlight was that there are some major changes taking place around the world that we need to be cognizant of and be able to benefit from - both for ourselves and the next generation.

well said! This guy (http://www.richdad.com) talks about the same thing.
This is an age of entrepreneurs.we all need to know how to be better investors.

[Sideliner]

Originally Posted by p_kumar

If you have an idea and know how to start a company and take it public, your visa status is not an issue in US. Greencard is required to lead a normal, good life. And in that sense, many people can get normal good life in US than in India. Thats why we came here and thats why we want greencard.

I think you are missing the point; it is about being able to live to the fullest potential. In the past it looked like US was the land of opportunities. Now that is not the case any more.

[p_kumar]

Originally Posted by Sideliner

I think you are missing the point; it is about being able to live to the fullest potential. In the past it looked like US was the land of opportunities. Now that is not the case any more.

I stand corrected. we can go into a big comparison between india and US for the average joe but am in no mood...

[aachoo]

If you know who the star of this website is (http://www.richdad.com) you would know about the people he encouraged to get into real estate as the market was tanking.

I know how he got rich- by getting people to pay for his "coaching"

[p_kumar]

Originally Posted by aachoo

If you know who the star of this website is (http://www.richdad.com) you would know about the people he encouraged to get into real estate as the market was tanking.

I know how he got rich- by getting people to pay for his "coaching"

Maybe its true, maybe it ain't but i did get some good financial points by reading Robert Kiyosaki's books.

I can give one example. I never knew before reading his book "Retire young Retire Rich" that one can buy insurance to protect his stock portfolio through PUT options. That one piece of info is worth many times i paid for the book. You dont hear main stream media talking about PUT options even during the 2000 - 2003 bear market.

[singhsa3]

Life is a damn Bi**h!
We came here in search of the green pastures only to realize the pature we left is producing greener grass.

Anyways, this is my adopted country now. I have been fighting green card battle for so long that I just don't want to leave in between. It has, in a way, become a mission. Moreover, there is no surety that I will do any better back home.

I cheer up for my fellow countrymen doing well back home. I hope, I will be proudly telling stories to my grand kids about the heroes of Modern India and in turn not being slammed for taking decision to emigrate.

Originally Posted by lotsofspace

I agree !!
Some one noted and I am paraphrasing here :
When you look back, you never regret for what you have done in the past but you regret what you did not do.

This may be the only one you "regret DOING". Immigrate and wait for this stupid card and put all your plans on hold.

It does not mean that every one who came here would have become billionaires if they stayed back. But for some the life would have been equally good, if not better, if they stayed back and their innovative ideas are not stifled because of their visa status and/or country of origin.

[americandesi]

There are success stories everywhere. Take for example “Thor Bjorgolfsson” the first billionaire entrepreneur from Iceland. Would anyone in their right mind even imagine the possibility of creating wealth in Iceland, which is nothing but a snowy desert? But he envisioned it and achieved it.

http://en.wikipedia.org/wiki/Bj%C3%B...rg%C3%B3lfsson

Hence one can be successful anywhere if they choose to. So stop drawing lines between India-US and just follow your dreams.