From $42 Billion to $0 - How Anil Ambani Lost All His Money

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Күн бұрын

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@Quicksilver12345
@Quicksilver12345 2 жыл бұрын
These people can never be bankrupt. They'd still have millions if not billions stashed away. They just declare bankruptcy to avoid paying debts and taxes
@aneesh8963
@aneesh8963 2 жыл бұрын
Soo true
@mothilal6479
@mothilal6479 2 жыл бұрын
True
@muhaiminmuhaimin4124
@muhaiminmuhaimin4124 2 жыл бұрын
totaly agreed
@Whatdoievenwriteherebruh
@Whatdoievenwriteherebruh 2 жыл бұрын
It also means ,they would never be able to start another business ever again especially a successful one ,that means they'll have to go live inside their billion dollar houses and live out their rest of their life basically doing....... nothing!, which i don't think they would love too
@janice7378
@janice7378 2 жыл бұрын
Exactly. That's very common for many entrepreneurs rather a growing trend. This way they're protected financially
@VasilicaMardale
@VasilicaMardale 2 жыл бұрын
As a fun fact: Ambani, translated in Romanian means “I have money”
@CosmicLvL144
@CosmicLvL144 2 жыл бұрын
Wow thats pretty interesting
@abutalhasiddique6287
@abutalhasiddique6287 2 жыл бұрын
🤠 Hmmm, thanks for info.
@nazishjaffri758
@nazishjaffri758 2 жыл бұрын
Really?!! No that can't be true
@tinadaisy0307
@tinadaisy0307 2 жыл бұрын
@@nazishjaffri758 yeah:))) "Am bani" really means I have money
@LevineLawrence
@LevineLawrence 2 жыл бұрын
Thanks for this fun fact but it looks like Anil Ambani doesn't have the money!
@waltissussybakka
@waltissussybakka 2 жыл бұрын
Oh boy, those were the days when the family's feud affected an entire country's economy
@indiasuperclean6969
@indiasuperclean6969 2 жыл бұрын
SERR STOP THIS VERY FAKE NEWS PLS DELETE!😡😡 WE INDIAN ALWAYS VERY RICH ! WE SUPE STRONG! 😡 THIS WHY IM SO LUCKY LIVE IN SUPER INDIA 🤗🇮🇳 THE CLEANEST COUNTRY IN THE WORLD WE NEVER SCAM PPL ! AND WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗
@alal2192
@alal2192 2 жыл бұрын
Lol
@pallavmahato7865
@pallavmahato7865 2 жыл бұрын
Oops
@Gabe94dotcom
@Gabe94dotcom 2 жыл бұрын
looool
@sura899
@sura899 2 жыл бұрын
yea....all brothers in india would be jEaLoUs after this LOL
@nobertheck
@nobertheck Жыл бұрын
I used to think everybody went broke during the Great Depression and other major crashes but they didn’t… Some made millions, I also thought everybody went out of business during these times but they didn’t, some went into business, there's always depression/recession for some people and there's always a good time for others, it's all about perspective.
@ariannamasonwright
@ariannamasonwright Жыл бұрын
The key to big returns is not big moving stoc,ks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investng to day trading.
@ethanxavier4507
@ethanxavier4507 Жыл бұрын
@@ariannamasonwright Even with the right technique and assets some investrs would still make more than others, as an investr, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a maket analyst for guidance which is how I was able to grow my account close to a million, withdraw my proft right before the correction and now I’m buying again
@husseinhodrob
@husseinhodrob Жыл бұрын
@@ethanxavier4507 That's quite impressive! I could really benefit from the expertise of these advisors, as my portfolio has been performing poorly lately....who is guiding you?
@ethanxavier4507
@ethanxavier4507 Жыл бұрын
@@husseinhodrob Alice Elaine Hayhurst, the coach I use, is well-known. She has a large online presence, so simply search for her.
@husseinhodrob
@husseinhodrob Жыл бұрын
@@ethanxavier4507 Thank you for pointing this out. It was simple to locate your handler; she appears to be very capable and adaptable. I scheduled a phone call with her.
@innotech
@innotech 2 жыл бұрын
dude still has every luxury you could want. Nobody feels sorry for him. But nor do I envy people like this. The stress of living that way is immense.
@JBanks333
@JBanks333 2 жыл бұрын
🌬📢 I'm sayin. They s🤢und b🥱ring af to need sh*t loads of materialism around them.
@innotech
@innotech 2 жыл бұрын
@@JBanks333 i mean like once basic needs are met, just enjoy what you have extra. Dont need a 600 foot tall house. How much of that is just unused space? All these mansions have 20 foot ceilings for what reason? it doesnt even feel comfortable or cozy.
@Nasima56
@Nasima56 2 жыл бұрын
Mah nigga if you have a big house and a lot of rides you need a lot of money to keep it going like paying the bills, repairin and all that shit which obviously he had lost or almost lost so its a headache in its own. And the only way would be to sell the big crib and the rides and settle in a much smaller house. That way surely he could keep it goin. But obviously he must be reluctant to do that cause then people will say a lot of.. bad stuff know what im sayin.
@innotech
@innotech 2 жыл бұрын
@@Nasima56 just the maintenance heaches are a big nope from me. And you have to hire people for security and all that. its a business unto itself just keeping everything going. No thanks. Not my idea of a fulfilling lifestyle
@Ellada0427
@Ellada0427 2 жыл бұрын
The stress of living poor is even more immense. I'd rather be rich with a bunch of problems than being poor with none.
@uncleted470
@uncleted470 2 жыл бұрын
If these two brothers worked together imagine how much they would be worth today. Greed is just something.
@ggg-oj4hs
@ggg-oj4hs 2 жыл бұрын
It's a cynical ploy to fool the. Gullible Indians.
@lilienne6082
@lilienne6082 2 жыл бұрын
@@ggg-oj4hs somehow I am triggered
@SvPVids
@SvPVids 2 жыл бұрын
who knows, maybe without their childish rivarly constantly trying to one up each other they wouldn't have been billionaires.
@Nasima56
@Nasima56 2 жыл бұрын
Theoretically it may seem like that but practically it might have been a disaster
@mintybreez
@mintybreez 2 жыл бұрын
If two brothers worked together Reliance would have gone bankrupt
@Arigatohk-mj2bq
@Arigatohk-mj2bq 2 жыл бұрын
Moral of the story: slow and steady growth is better than rapid growth.
@dylanfarnum4121
@dylanfarnum4121 2 жыл бұрын
Rapid growth is fine, it's excellent even, the problem is over extending oneself. Anil entered the mobile telecommunications industry and needed constant sales and revenue to remain profitable. When his sales started slowing down, he decided to borrow billions of dollars, which he then couldn't pay back and had to file for bankruptcy. His brother is a perfect example, he had equally rapid growth and success but he managed his businesses and his money correctly, and ended up doubling his net worth to almost 100 billion dollars, while Anil was losing money and taking on huge amounts of debt. Anil seems to have been motivated by all the wrong reasons, and chose to take huge risks that didn't pay off and he lost ungodly amounts of money by trying to compete with his brother.
@favesongslist
@favesongslist 2 жыл бұрын
Not so sure it is working out so well for Jeff Bezos, compared to Elon Musk
@RuchiinChina
@RuchiinChina 2 жыл бұрын
No
@secretunknown2782
@secretunknown2782 2 жыл бұрын
No you are wrong a good growth is growth which is both rapid and steady
@favesongslist
@favesongslist 2 жыл бұрын
@@secretunknown2782 Try telling Elon Musk, Rapid and exponential!
@martinerJuhel1
@martinerJuhel1 Жыл бұрын
Major indexes booked their worst yearly performance since 2008 thanks to drivers like the recession, war, hiked interest rate and inflation which so far doesn’t seem to be easing off, so I’m left wondering what 2023 has in store for us investors, I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy or do I wait?
@EvanQuiel4
@EvanQuiel4 Жыл бұрын
It’s a good time to buy in on the market, so seize the opportunity to purchase stocks on sales.
@worldclass097
@worldclass097 Жыл бұрын
There are still quite a few stocks that make for a good buy this season; you just have to do your research. However, to be on the safe side and avoid second-guessing your market decisions, I'd suggest you seek out the advice of a qualified investment adviser. They are better equipped at understanding market patterns/movements and adjusting portfolios to match up with these market trends.
@caroamira
@caroamira Жыл бұрын
@@worldclass097 my portfolio is down over 15% just last month alone and It’s been that way for the best part of 2022 and I really could use professional help, I’m close to retirement. have you worked with an investment adviser before and could recommend any?
@worldclass097
@worldclass097 Жыл бұрын
@@caroamira I work with a coach named Susan Lorraine Curry, who is well-known. You can just search for her online because she has a large online presence.
@martinerJuhel1
@martinerJuhel1 Жыл бұрын
@@worldclass097 Susan Lorraine Curry really seems to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her.
@ashman4827
@ashman4827 Жыл бұрын
Anil may be broke on paper but he's still living the life that 99.99% of the world don't get to enjoy....
@SpiderMan14253
@SpiderMan14253 Жыл бұрын
What do mean he is broke right now
@SupercellularChaos
@SupercellularChaos Жыл бұрын
It is ridiculous, especially when you realize how poor many Indians are.
@tahirsoydan4186
@tahirsoydan4186 Жыл бұрын
​@@SpiderMan14253bc his brother has over $60bn and lived a life of luxury
@GGLee1010
@GGLee1010 Жыл бұрын
@@SpiderMan14253he’s saying he’s living a good life because of his possessions
@bohenry1836
@bohenry1836 Жыл бұрын
@@GGLee1010 That's typical Indian businessman. They all claimed they owned nothing. So no debtors can touch them. Meanwhile they live in a lifestyle that 99.9999% people only can dream of.
@MrJoeLeez
@MrJoeLeez 2 жыл бұрын
Homeless: Can I have some spare change sir? Anil: sorry I’m broke too. Also Anil: driving off with his Lamborghini.
@vijaykohli2524
@vijaykohli2524 2 жыл бұрын
This family is hiway robbers.
@phaggott
@phaggott 2 жыл бұрын
we're abt too see a looooot of that
@dragonchr15
@dragonchr15 2 жыл бұрын
Where is he going to drive a Lamborghini on the crowded, poorly maintained Mumbai streets???
@puroobsessed
@puroobsessed 2 жыл бұрын
@@dragonchr15 man you haven't really seen Mumbai have ya? Well i have and i assure you its not how foreign media make it look like😂😂quit believing everything you hear in Hollywood movies and come to Mumbai if you can and see for yourself your thoughts will change
@ihaveagoal4665
@ihaveagoal4665 2 жыл бұрын
@@dragonchr15 that happens when the only image you have seen of mumbai are of slums or the busy bazaars
@sburton015
@sburton015 2 жыл бұрын
For me, living like a normal person, $42 billion should last me about 2 million years of living.
@jaewhite2462
@jaewhite2462 2 жыл бұрын
No because saying it would last you x many years says you are only thinking about yourself. You can't make, or retain wealth thinking only about yourself.
@abhinavsharma-xb5bq
@abhinavsharma-xb5bq 2 жыл бұрын
21,000 usd a year... idk
@sburton015
@sburton015 2 жыл бұрын
@@abhinavsharma-xb5bq pretty good salary.
@siliconhawk
@siliconhawk 2 жыл бұрын
sounds extravagant NGL
@sburton015
@sburton015 2 жыл бұрын
@@abhinavsharma-xb5bq pretty good salary especially if you're single with no kids, however if you married and have allot of small children to support, then $21,000 a year might be a little tight, but still even if you double it to $42,000 a year, then that can still last you for 1 million years. I could imagine that life on earth may be allot different in 1 million years. Think how humans were 1 million years ago.
@EmilyNora234
@EmilyNora234 Жыл бұрын
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
@JeffreyAlice
@JeffreyAlice Жыл бұрын
" It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid , instead of trying to be very intelligent."
@ThomasHenry144
@ThomasHenry144 Жыл бұрын
​@@PatriciaMary11The Fin-Advisor I'm in touch with is "Karen L Nancy". She was interviewed on CNBC Television. You can use someone else, but for me her strategy works hence my result is good and she provides entry and exit point for the securities that I focus on.
@JohnMichael007
@JohnMichael007 Жыл бұрын
Karen L Nancy is a stock prodigy and has handled my trade for 2 months now I have made over €10k in my portfolio.
@LoriMarie-pd5vl
@LoriMarie-pd5vl Жыл бұрын
Successful people don't become that way overnight. What most people see at a glance - wealth, a great career purpose is the result of hard work and hustle over time.
@EvelynGrace-gs3ze
@EvelynGrace-gs3ze Жыл бұрын
Just like a sport, the players need a good coach to guide them well as to win a match , so as a beginners needs the guidance of a good expert to make profit.
@alexroberto6353
@alexroberto6353 2 жыл бұрын
The Brothers entered a non compete for 10 years. The older brother entered the Telecommunications industry 11 years after the younger brother so there was no betrayal. The older brother still honored the original agreement even though he didn't need to.
@playing1042
@playing1042 2 жыл бұрын
Didn't realise that, didn't do that much calculations lol But he did respect his mother's word
@london_james
@london_james 2 жыл бұрын
@@playing1042 should of watched the video then
@bipee3937
@bipee3937 2 жыл бұрын
True. Which means that Mukesh may just let his brother live off him for the rest of his life. They seem to have a good family upbringing. I guess this time the brothers may work together... For the clan
@london_james
@london_james 2 жыл бұрын
@@bipee3937 rich brother let's little brother live well but will always be the powerful one now
@bipee3937
@bipee3937 2 жыл бұрын
@@london_james that is what WE see. To them this may just be a family game of monopoly.
@ceechubbyhands5908
@ceechubbyhands5908 Жыл бұрын
I lost my lucky 2 dollar bill months ago and I’m still hurting 🤣I couldn’t even imagine losing billions
@TheTwinkiefoot
@TheTwinkiefoot Жыл бұрын
How about $42 billion? Lol
@beverlyrhame3692
@beverlyrhame3692 Жыл бұрын
😂sorry that two dollar bill was neither real or lucky, so you’re actually luckier without it.😂😂 Very funny😂😂
@ceechubbyhands5908
@ceechubbyhands5908 Жыл бұрын
@@beverlyrhame3692 tbh it was a silver certificate 🤣
@beverlyrhame3692
@beverlyrhame3692 Жыл бұрын
@@ceechubbyhands5908 😄👍🏽
@abdulfatahhalimah8601
@abdulfatahhalimah8601 Жыл бұрын
😂😂
@generalmedicine8058
@generalmedicine8058 2 жыл бұрын
Mukesh Ambani is a great mind...with Jio he changed India...earlier we had very expensive 3G internet before jio came and also had to pay for calls. Jio changed the market by bringing cheap affordable 4G.
@तरबुज_खाने_वाला_राक्षस
@तरबुज_खाने_वाला_राक्षस 2 жыл бұрын
Also bought the prime minister .
@kaushlendrarana9331
@kaushlendrarana9331 2 жыл бұрын
He just gave it free for 1 year
@generalmedicine8058
@generalmedicine8058 2 жыл бұрын
@@तरबुज_खाने_वाला_राक्षस Ambani family was friends with the prime minister even when Gandhi family was in power
@generalmedicine8058
@generalmedicine8058 2 жыл бұрын
@@kaushlendrarana9331 obviously not possible to give it free forever...now we only spend on internet ...calls are free...and that is why other companies like Airtel etc had to lower their internet rates similar to jio and make calls free. Had it not been for Jio then airtel, vodafone etc would have still been charging us what they used to charge us before jio and no free calls
@shockwavevideos5689
@shockwavevideos5689 2 жыл бұрын
Really helped get rid of British Vodafone
@tanayagarwal14
@tanayagarwal14 9 ай бұрын
its all about names. Mu'cash' Ambani and A'nil' Ambani 😂😂😂
@Slasla1610
@Slasla1610 5 ай бұрын
Haha nice humour but that nil value will be in crores.
@stevenschuster
@stevenschuster 5 ай бұрын
LOL 🤣🤣
@RoahniRampadarath
@RoahniRampadarath 5 ай бұрын
So true. ❤
@NonotAgai
@NonotAgai 4 ай бұрын
hahaha
@Michel-7.7.7
@Michel-7.7.7 3 ай бұрын
Mu' cash Mu' problems. A' nil $ A' nil envy
@utkarshdubey5741
@utkarshdubey5741 2 жыл бұрын
Jio didn't offer 4G internet at low cost , they offered it absolutely free 4GB everyday mobile internet to be precise.
@solok4150
@solok4150 2 жыл бұрын
Now they are slowly increasing the prices of plans 🤦‍♂️
@deepakbisht4957
@deepakbisht4957 2 жыл бұрын
To get the master database of most of the population of Indian especially getting the data of users that are not on internet. Because he made those people buy internet sim that have never used internet in their life...
@siddhunkarthik
@siddhunkarthik 2 жыл бұрын
First 1 year , it was free, that is to test the backend traffic and to do changes in real time to hold the real time traffic and also to test the billing system's accuracy. Later on , they charged and now increasing its fees to book profits.
@theexposer5303
@theexposer5303 2 жыл бұрын
@@solok4150 inflation, bro
@siddharthraychaudhuri7250
@siddharthraychaudhuri7250 2 жыл бұрын
If you get the state infrastructure handed over to you on a platter, even you can offer something for free everyday!
@joeythomas9062
@joeythomas9062 2 жыл бұрын
I love coming home from work and watching BEAMAZED videos!! Thanks alot I love this channel!!
@BeAmazed
@BeAmazed 2 жыл бұрын
So glad you enjoy it!
@ijustmorbed9180
@ijustmorbed9180 2 жыл бұрын
@@BeAmazed hi
@2011arish
@2011arish 2 жыл бұрын
@@BeAmazed you got the dates mixed up here
@Gabe94dotcom
@Gabe94dotcom 2 жыл бұрын
me too
@talestapiwa
@talestapiwa 2 жыл бұрын
I once was a billionaire too. I had billions of Zimbabwe dollars
@daedae1522
@daedae1522 Жыл бұрын
What you do with it ?
@bumba5897
@bumba5897 Жыл бұрын
@@daedae1522 bought a loaf of bread
@solaris5922
@solaris5922 Жыл бұрын
I heard they had a thousand dollar bill at one point ✋🏽💀
@antvind
@antvind Жыл бұрын
@@solaris5922 that’s nothing, they had a 100 trillion dollar bill at one time
@bumba5897
@bumba5897 Жыл бұрын
@@solaris5922 bro they had a 100 trillion dollar bill. $1000 in zimbabwe was (is) worth so little it was probably more expensive to print than it was actually worth
@LarsBergstrom-uh2eu
@LarsBergstrom-uh2eu Жыл бұрын
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in the US.
@AstaKristjan
@AstaKristjan Жыл бұрын
As with any big financial decision, it’s important to keep your guard up for economic risks. However, smart planning, time management and seeking advice from a financial adviser can help keep you and your money safe.
@simonbad
@simonbad Жыл бұрын
@@AstaKristjan I agree with you. I ventured into stock with less than $100K, and now I'm about 17K short of half a million dollars. Credits to Kathleen Yanelli Carole . She's verifiable.
@IrenaDolinsek
@IrenaDolinsek Жыл бұрын
@@simonbad Fantastic! can u share more details?
@simonbad
@simonbad Жыл бұрын
@@IrenaDolinsek She is available on the internet for your reach.
@TheOmniMic
@TheOmniMic Жыл бұрын
Don't fall for it
@saurodeepdutta9431
@saurodeepdutta9431 2 жыл бұрын
If anyone's wondering, Jio offered virtually free data and connectivity for 2+ years when they were starting off. All you had to do was pay Rs 99/-, about a dollar.. and that was it. Changed data consumption in India
@phanhuyduc2395
@phanhuyduc2395 2 жыл бұрын
No wonder his brother went bankrupt. No company can contest that deal. The network is 3G or 4G
@KKPR533
@KKPR533 2 жыл бұрын
@@phanhuyduc2395 4g data for free
@daathisone5459
@daathisone5459 2 жыл бұрын
@@phanhuyduc2395 these days we are paying around 150inr i.e 2USD per month fir 1.5gb/day data abmnd unlimited calls on jio.
@allenfilip
@allenfilip 2 жыл бұрын
23:15 "...with Mukesh's ability for business building and Anil's people skills, who knows what heights the already hugely succesful Reliance Corporation could have reached if they'd put their egos aside, and learned to work together." 😥
@veerand7038
@veerand7038 Жыл бұрын
I guess thats what happens when they were raised to compete with each other
@abcdefghijklmnopq594
@abcdefghijklmnopq594 Жыл бұрын
@@veerand7038 true..
@pmshah1946
@pmshah1946 Жыл бұрын
It was not their egos. Anil was very clearly advised by even his father to not enter politics. Their motto was. "Don't be a king,. Be a king maker". He ignored that advice and paid the price.
@dieptrieu6564
@dieptrieu6564 Жыл бұрын
Why? Anil just seem like too much of a trouble maker. His brother manage to grow the empire without him, anyway. So why should he rely on an unpredictable guy like that
@avamasquerade
@avamasquerade Жыл бұрын
Them "working together" clearly initiates some type of self-destruct sequence, and with their homes towering over the slums, at least one of them is somewhat neutralized in a way that leaves him cognitively incapable of helping himself.
@Lukey.D
@Lukey.D 2 жыл бұрын
Once again and over and over again, wee see that Greed, Envy and Ego are the things that take families to ruin. Even more scary is that nowadays these 3 things are ruining the entire world and human kind.
@MyFirstHandle
@MyFirstHandle 2 жыл бұрын
We get these 3 things because we naturally assume that it is the answer to our solutions but it wasn't. Those business decisions Anil was making is really unpredictable and uncertain so I didn't know he ended up tumbling down completely. I can relate this to my own life here that my brother has a successful business with his scan, photoshop, and printing in his unit that was given by my parents since he's the eldest child of the family. I'm the second eldest and I didn't get any success. My dad brags how successful he is and he said to my that I'm not lucky to have that wealth so I feel sad and angry. I've been evasive from being convinced from my dad to let me work similarly with my brother but I choose to stay distant from them because I don't like the feeling. I'm not really close with my brother so he's not going to be an easy person to get along with. The business I want to earn for has to be something simple and can let me live normally than rivalry so yeah... my future is uncertain. I can definitely guess if Anil's dad would be making fun of his failures.
@godishere3330
@godishere3330 2 жыл бұрын
@@MyFirstHandle cmon man, you saw the example right ahead I'm sure of it. I can see what you are going through, but don't worry Focus & Consistence On your work will take you where you want to be. Ignore the negativity :) All the best 👍
@bulkhammerii3419
@bulkhammerii3419 2 жыл бұрын
Never has a truer thing been said! Greed and selfishness are the biggest downfall of not only people but the whole planet!
@tuoyoedukugho1807
@tuoyoedukugho1807 2 жыл бұрын
All these make it easier to fall to the side of Satan, hatred, murder, envy, greed, Fornication, adultery, etc.. it only contributes to destroy lives and prevent humans from getting the blessings God has prepared for man, A billion years enjoying yourself on the beach is a massive loss.
@blackice7408
@blackice7408 2 жыл бұрын
@@bulkhammerii3419 *sin
@Dr_Kyutoko
@Dr_Kyutoko 9 ай бұрын
Talk about sibling rivalry in the extreme. If I had been Anil I'd have just said "fine, you can run the company, just give me a fair share in a yearly stipend or trust" The greed of billionaires is just legendary. Man, I'd consider myself rich if I had a million dollars.
@temitayoakingbade4564
@temitayoakingbade4564 5 ай бұрын
Me too
@alessandrozuffi5068
@alessandrozuffi5068 2 жыл бұрын
People like him never go back to zero, they know the system so much they can get away with stuff regular people would to jail for.
@dannygreen5477
@dannygreen5477 Жыл бұрын
Wish someone like that would write a book on personal finances.
@carpediem4512
@carpediem4512 Жыл бұрын
Go back? He was never there.
@dang7824
@dang7824 Жыл бұрын
In some cases people like that become the President of America, incite hatred and extremism and are loved for it.
@thesoftwareengineershow
@thesoftwareengineershow 2 жыл бұрын
Anil is one of the honest businessmen. Unlike other bankrupt businessmen who absconded to other countries without paying the debt and eventually burdening tax payers in India, he tried to pay most of the debt. Appreciate his honesty here.
@Avtomatik
@Avtomatik 2 жыл бұрын
the video tells exactly the opposite
@sarbojit17
@sarbojit17 2 жыл бұрын
He can't.. out of India Chinese banks will hunt him down
@vivekpal7220
@vivekpal7220 2 жыл бұрын
@@Avtomatik I think he means Mukesh ambani (other brother)
@Corridor3000
@Corridor3000 2 жыл бұрын
"Honest" is a bit of a stretch lol...he was named in the pandora papers with ties to 18 offshore firms
@anil01kumar2000
@anil01kumar2000 2 жыл бұрын
Has he returned all money, or still trying to repay the amount
@bvang8370
@bvang8370 2 жыл бұрын
His life is by no means "riches to rags" if you add up all his assets and hidden cash, he's still a multi-millionaire if not a billionaire.
@healthandfitness2354
@healthandfitness2354 2 жыл бұрын
But the debts?
@wowso4
@wowso4 2 жыл бұрын
Exactly
@rohan4765
@rohan4765 2 жыл бұрын
@@healthandfitness2354 the debt is clear now he lives a normal life now
@rajeshupadhyay5683
@rajeshupadhyay5683 2 жыл бұрын
Well said! I am also here to learn how to invest after listening to a lady on tv talk about the importance of investing and how she made 7 figure in 3 month, somehow the video taught me nothing and left me even more confused, I'm a newbie and I'm open to ideas on how to invest for retirement
@lezliewhicker8450
@lezliewhicker8450 2 жыл бұрын
@@rajeshupadhyay5683 I'll suggest you lookup Priscilla Dearmin-Turner, she's our real investment prodigy since the crash and have help me recovered my loses
@elamefrancis7036
@elamefrancis7036 10 ай бұрын
I've learnt alot from this story, thanks for putting up this vid, God bless you🙏🏽
@anshjaiswal8338
@anshjaiswal8338 2 жыл бұрын
Fun Fact: Jio offered free sims and free unlimited 4g network for almost 1yr hence bankrupting many Indian telecom majors.
@newt2120
@newt2120 2 жыл бұрын
Jesus! how could the company keep this up for a whole year
@rafaelmaleakhilumbanbatu9873
@rafaelmaleakhilumbanbatu9873 2 жыл бұрын
@@newt2120 they burn money for starter
@AtharvaAgarwal
@AtharvaAgarwal 2 жыл бұрын
@@newt2120 Ambani have billions to burn. After a year almost 50% indians shifted to jio and then they raised the prices. And now they are making much profit. Business minded family
@punarnavamalhotra6433
@punarnavamalhotra6433 2 жыл бұрын
The man is way ahead of his time and all the lawyers! Fact that he still has millions of dollars left with him despite the deep debt. He is just like United States!
@HRTharboy
@HRTharboy 2 жыл бұрын
Yawn.
@splint3048
@splint3048 2 жыл бұрын
Just like the United States? Just like every country on earth.
@nitinthakur6569
@nitinthakur6569 2 жыл бұрын
What kind of fuck logic is that
@CIAoperativeRinkEDink
@CIAoperativeRinkEDink 2 жыл бұрын
@@splint3048 OP looking for an excuse to dump on the US, something that is right under the surface for about 65% of Indians
@cac2821
@cac2821 Жыл бұрын
It’s funny you say that because all these other countries that have so much money can get in their pockets and help others as we do. Everyone’s so quick to talk negative about America but sit back during disasters or have their hands out when a disaster happens
@RahulSharma_832
@RahulSharma_832 2 жыл бұрын
I still admire him because he didn't escape from India when he became bankrupt unlike Nirav , Malaya , etc.
@ShamsheerBaig
@ShamsheerBaig 2 жыл бұрын
yes still a fighter, a sportsman at heart, wish him a financial comeback ..
@TutorialTechie
@TutorialTechie 2 жыл бұрын
just because he has his brother in his back.
@BuzzOff2022
@BuzzOff2022 2 жыл бұрын
Yea Basically He "Brokered " A Defence Deal With Govt Of India. So He Can Still Make Big If Govt Keeps Blessing Him.
@shikharashish4839
@shikharashish4839 2 жыл бұрын
​@@BuzzOff2022 I think that defense deal for patrol ships for the Indian Navy also failed. Later GRSE Of kolkata built the Patrol ships. Idk i may be mistaken.
@sriparnoghosh2424
@sriparnoghosh2424 2 жыл бұрын
@@shikharashish4839 not only GRSE ..L&T shipyard also .....
@FrancesRyan-b2p
@FrancesRyan-b2p Жыл бұрын
It is good we acquire as much wealth as we can, most people fail to understand what it takes to become wealthy, they want to become wealthy overnight by thinking their savings will help them attain that, they fail to understand that investment is what truly builds wealth. I advise you all key into investing and earn side money than depending on your savings if you truly want to be wealthy
@fikriboyacoglu
@fikriboyacoglu Жыл бұрын
You are right.!
@fikriboyacoglu
@fikriboyacoglu Жыл бұрын
That is why I had to start forex trading 2months ago and I now am making benefits from it..
@SandraPatterson-di6xh
@SandraPatterson-di6xh Жыл бұрын
@TiagoAlves-yv7bb You don't need to be shocked because I'm also a huge beneficiary of expert Mrs Shanita
@AnaOliveira-io1hx
@AnaOliveira-io1hx Жыл бұрын
Here in Canada Expert Mrs Shanita Creswell carries out both orientation and mentorship
@LeonorFerreira-ur5th
@LeonorFerreira-ur5th Жыл бұрын
I stumbled upon one of her clients testimonies and decided to try her out... I'm Expecting my third cashout in 2days
@Precious416-w4r
@Precious416-w4r 2 жыл бұрын
Great stuff as always 👏 Whoever is behind the edits should get a round of applause 👏👏👏 All the animated facial expressions added to their real faces are so much fun to watch. The edits really made me laugh a lot throughout the video 😂 At 17:46 the unexpected source wearing a superman cape was enough to shock me 🤣🤣 It's the best part of the whole video. I haven't laughed so much in a long time. Thank you so much 😂🤍
@Kosmoem
@Kosmoem 2 жыл бұрын
9 actually
@BeAmazed
@BeAmazed 2 жыл бұрын
Thank you so much 😀
@Precious416-w4r
@Precious416-w4r 2 жыл бұрын
@@BeAmazed you're very welcome! 😊
@ogkush2539
@ogkush2539 2 жыл бұрын
@@BeAmazed Give that man a raise without these clever and we'll executed animations we'd just be staring at a blank screen and just listening to your voice lol 😁 keep up the great content
@reshmidas8152
@reshmidas8152 2 жыл бұрын
@@luciferkultz maybe am unpopular 😐🙂
@franklynfreeman1484
@franklynfreeman1484 2 жыл бұрын
Unfortunately, when a company files for bankruptcy, it is the company that is broke, and not the individual, because insurance companies bears the burden.
@anshumansingh678
@anshumansingh678 2 жыл бұрын
Lmao really?
@shashankjain8972
@shashankjain8972 2 жыл бұрын
Every country has different bankruptcy code
@ethanwasme4307
@ethanwasme4307 Жыл бұрын
@@shashankjain8972 yeah in my country it also strips all the money out of your own pockets... all your debt will be gone but you'll have ZERO to your name
@johnpalma7265
@johnpalma7265 Жыл бұрын
franklyn freeman: I'm not a lawyer but i think it's the stock oweners that bear the burden, unless it happens to be a privet company
@tyronbasista2729
@tyronbasista2729 Жыл бұрын
but he did give a personal guarantee, so if the trial was conducted fairly, he would have had to pay up the guarateed sum
@pdp7653
@pdp7653 2 жыл бұрын
I don't feel bad for them at all. A billionaire losing his money isn't anything compared to someone that can't afford a $100,000 house. Or someone who can't even afford a house.
@jaewhite2462
@jaewhite2462 2 жыл бұрын
Learn how money works.... What are you invested in? How much of your income is going to investments? If you tell me none then it's your fault you are broke.
@kanishak_
@kanishak_ 2 жыл бұрын
Bro, someone's hell is someone's paradise, u just can't compare a middle class man with ex-Billionaire, he still will have 100M $, but it's just spare change for him
@vaughnreedjr6592
@vaughnreedjr6592 2 жыл бұрын
Billionaire on stock market not real money.
@AaronSchwarz42
@AaronSchwarz42 2 жыл бұрын
They cost 5-8X that much where I live, renting an apartment for $3k / mo
@thehorde4868
@thehorde4868 2 жыл бұрын
@@jaewhite2462 facts
@SoleDevOfficial
@SoleDevOfficial 10 ай бұрын
Me Losing 1$: Oh hell no! Him with Billion Dollar Lost and debts: Ouch.
@steppenwolf.j
@steppenwolf.j 2 жыл бұрын
I think most billionaires would probably have some type of hidden investment or cash reserves so I do think hes probably doing just fine
@chrissinger101
@chrissinger101 2 жыл бұрын
ya i was looking for this comment, like theres no way he dont have 10 million to his name at least right, like unless he has gotten it illegally and he gets it taken from him
@jhavajoe3792
@jhavajoe3792 Жыл бұрын
Definitely. These filthy rich are not stupid ( money -wise). Hoohumm-- I like having enough money to get by with some saved. I really don't need all that non-liquid BS. Gaudy and show-offy, like 6th graders.
@potato1084
@potato1084 Жыл бұрын
Samee that’s true
@bradobbink6564
@bradobbink6564 Жыл бұрын
bet theirs a semi load in some foreign bank... that would be 2 billion or 1000 million X 2.
@Meghnaaad
@Meghnaaad Жыл бұрын
True, like in Dark knight rises.
@bhaiyajismile1
@bhaiyajismile1 2 жыл бұрын
No one knows they have a sister who's lowkey married to a normal middle class man and humbly living her life
@manishsingh7534
@manishsingh7534 10 ай бұрын
Step sister
@RahulRk-tr7ot
@RahulRk-tr7ot 10 ай бұрын
@bhaiyajismile1As another person has commented, it's his step sister'.You better stop making false comments. Mention the word'Step sister". Please Godsake. Do not feed people with missinformation.
@BobbyGeneric145
@BobbyGeneric145 Ай бұрын
​@@RahulRk-tr7otchill out man
@williamdavis132
@williamdavis132 2 жыл бұрын
Lesson learnt *"Comparison and Jealousy will trigger Greed and Greed will burn the ladder you are climbing from Bottom."*
@masonjones6567
@masonjones6567 Жыл бұрын
Creating multiple sources of income is highly rewarding. It helps in planning adequately for the future. Notwithstanding; it's quite a herculean task for one to go into trading or investment without a sound knowledge or guidance from a highly skilled expert. what's your take?
@tracyh1222
@tracyh1222 Жыл бұрын
Trading with an expert has been the best way of making huge returns from crypto currency.
@tracyh1222
@tracyh1222 Жыл бұрын
The common mistake we newbies make is without help and legit guidance from a professional.
@billywesterman4893
@billywesterman4893 Жыл бұрын
@@tracyh1222 Yes, you're right, it's not watching all videos wasting time on strategies, I was ignorant doing so till I met Rheagan Max Deplonty last year at a startup funding event in Washington DC.
@billywesterman4893
@billywesterman4893 Жыл бұрын
He had some interesting things to say about the state of algorithmic trading today, obviously I'm seeing results, and my trading is going smoothly.
@JoeWindhall
@JoeWindhall Жыл бұрын
Job will pay your bills, business will make you rich but investments make and keep you wealthy, the future is inevitable.
@marigeobrien
@marigeobrien 2 жыл бұрын
It's really amazing how much an ego can cost. All he had to do, right from the start, was concede that his brother was better at managing the family business and leave it at that. But, no.
@nyakwarObat
@nyakwarObat Жыл бұрын
Ego has been the downfall of many
@Eaglebird8853
@Eaglebird8853 Жыл бұрын
Personality trait hard to change .
@chisomo8088
@chisomo8088 Жыл бұрын
I don't imagine that the big brother is completely innocent either
@marvin.mcfly7749
@marvin.mcfly7749 Жыл бұрын
It is not just that person. Usually there will be a gang of 'yes men' stroking their ego, influencing them and benefiting behind the scenes. It would be great asset if these big shots can tell the difference between these moochers and genuine friends/employees.
@calebsmith254
@calebsmith254 Жыл бұрын
The solution was simple yet he wanted to flex.
@kathleenjames3546
@kathleenjames3546 Жыл бұрын
The power for creating a better future is contained in the present moment, You create a good future by creating a good present.The key to financial freedom and great wealth is a person's ability to convert earned income into passive income to build generational wealth ,this trick has never failed .
@oliviamia4017
@oliviamia4017 Жыл бұрын
Easy way to build wealth for the next all generation is to consistently invest in trade , and watch them grow ?
@philtyler8721
@philtyler8721 Жыл бұрын
It quite interesting to know over 97% of the billionaires we know are all secret investor in crypto, that were they grow their billion dollar portfolio
@sarahayuba3192
@sarahayuba3192 Жыл бұрын
Initially, my intentions was to start trading Bitcoin full time, I also need good mentorship. Thanks?
@stevegulick2463
@stevegulick2463 Жыл бұрын
I truly agree with you on that, I must say trading is the future and with the way Bitcoin is growing, it's really advisable for people to trade now.
@codyshegan8990
@codyshegan8990 Жыл бұрын
@@sarahayuba3192 trading with mr Edward Jason , over time will yeild more returns than doing it all at once. Finding a certified advisor who can educate you on how market has been advised if you're just starter. I'm referring all individuals to trade with mr Edward,?
@chettachetta7993
@chettachetta7993 2 жыл бұрын
A lot of Indian KZbinrs should thank Reliance too for making internet accessible at an affordable prices
@kingdeady7501
@kingdeady7501 Жыл бұрын
We, as public,are happy That's more than enough
@skulltech1866
@skulltech1866 Жыл бұрын
Do You know that 5g in jio company is free if mukesh ambani make it chargeable me and my friends will also go bankrupt
@icanwin365
@icanwin365 Жыл бұрын
Dude, this video is like a goldmine of wisdom that can seriously change your life! The way the teacher breaks down stuff is eye-opening. It's like a roadmap to a better you, shining a light on how to live your best life.
@dankelly5150
@dankelly5150 Жыл бұрын
Bickering brothers....sounds like an episode of "Dallas" !!
@Jiggysaw
@Jiggysaw 2 жыл бұрын
does that mean he only flies first class from now on, no more private jets?
@le_ecrivaine
@le_ecrivaine 2 жыл бұрын
@Jigsaw: He also owns a fleet of luxury cars, a jet, a helicopter and a yacht. However, he told the court that these possessions were owned by corporate entities rather than by him personally. The luxury home Anil Ambani stays in, is one of the most expensive homes in India. The Panama Papers say that he has 18 offshore companies in Jersey, British Virgin Islands (BVI) and Cyprus, set up between 2007 and 2010.
@biatsoho1332
@biatsoho1332 2 жыл бұрын
Excellent question.
@sid8285
@sid8285 2 жыл бұрын
He still has those jets, yachts and cars in the name the companies he owns.
@rainbowodysseybyjonlion
@rainbowodysseybyjonlion 2 жыл бұрын
Lolol
@manishsingh7534
@manishsingh7534 10 ай бұрын
He's still a billionaire
@uBecRida
@uBecRida 2 жыл бұрын
Born June 4, 1959 went back to India 1958 to start his own business (spices) & already had a baby April 19, 1957. Amazing! 😂
@africanday7337
@africanday7337 2 жыл бұрын
What a miracle! 🙄
@cFROSTYscriv
@cFROSTYscriv 2 жыл бұрын
Anil was born in 1959, his dad returned to India in 1958 to start his own business, Mukesh was born in 1957
@bulishfx
@bulishfx 2 жыл бұрын
Yeah i too heard this really funny story
@jerrodcarter7537
@jerrodcarter7537 2 жыл бұрын
U need to listen to what he said LMAO he said his dada went back to india
@gcrumps
@gcrumps 2 жыл бұрын
Sibling rivalry started when they were young by their Dad Having them run and compete with each other for incentives Started that feud
@TopCat2021
@TopCat2021 2 жыл бұрын
That is probably the main reason the father didn't have a will when he passed away he wanted his sons to still compete against each other instead of working together.
@RealAryanGupta
@RealAryanGupta 2 жыл бұрын
They didn't compete with each other, both of them got a box of mangoes
@oladipoodufejo5316
@oladipoodufejo5316 2 жыл бұрын
@@RealAryanGupta if one of the boys doesn't run, the other gets a box of mango. It's competition either way. Children are natural rivals
@SeashellsLover
@SeashellsLover 2 жыл бұрын
I can't agree more. I strongly believe their dad in particular contributed to this.
@abdullaabdulla1228
@abdullaabdulla1228 2 жыл бұрын
@@SeashellsLover how many families go through this where big brother believes he must be above the younger .
@QALISQ30
@QALISQ30 Жыл бұрын
Terima kasih!
@rogerthat10-47
@rogerthat10-47 2 жыл бұрын
I know brothers like that, I have 7 of them, but I think his idea of Rags is a lot different to mine. Egos & greed. An excellent presentation, thank you.
@kovam1234
@kovam1234 2 жыл бұрын
+1
@ryanbrown4618
@ryanbrown4618 2 жыл бұрын
You are also among the greedy ~source : 7 brothers
@toffeelatte6042
@toffeelatte6042 Жыл бұрын
Sad and frustrating story, these two could have been the two of the most powerful men in the world if they worked together.
@hanzschmidt3234
@hanzschmidt3234 10 ай бұрын
Rothchild family says NO.
@countlitmogaphil392
@countlitmogaphil392 10 ай бұрын
@mas-udal-hassan9277 eh, as a feminist i say hell yea
@yashkumar6701
@yashkumar6701 10 ай бұрын
mukesh is in top 5 richest men list
@oluwaseun3771
@oluwaseun3771 10 ай бұрын
There is always a Wife in the background
@Orion-ns8hj
@Orion-ns8hj 9 ай бұрын
​@@oluwaseun3771lol exactly
@chigozirimndinechi8719
@chigozirimndinechi8719 2 жыл бұрын
Moral of the story: Remain Humble, pride goes before a downfall
@PM2022
@PM2022 Жыл бұрын
This was an awesome production; it summarized a very complicated saga into a cohesive narrative. In fact, this video (unintentionally) uplifts the image of Anil a little bit in the eyes of an Indian viewer--which sort of testifies to its bringing out some hidden facts. But one thing that was outside the purview of this video was that Anil's companies, especially Reliance Telecom, were horrible in their ground operations and how they treated small contractors across India.
@ravireddy2119
@ravireddy2119 2 жыл бұрын
The way you explained the story and editing is jut amazing But really Jio was a bang in india almost all parts of india got access to internet
@sohamchoughule5314
@sohamchoughule5314 2 жыл бұрын
i too use it 😂
@indiasuperclean6969
@indiasuperclean6969 2 жыл бұрын
SERR STOP THIS VERY FAKE NEWS PLS DELETE!😡😡 WE INDIAN ALWAYS VERY RICH ! WE SUPE STRONG! 😡 THIS WHY IM SO LUCKY LIVE IN SUPER INDIA 🤗🇮🇳 THE CLEANEST COUNTRY IN THE WORLD WE NEVER SCAM PPL ! AND WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗
@rahulreddy2840
@rahulreddy2840 2 жыл бұрын
@Arijit Biswas Hell ya
@devuniquedev1
@devuniquedev1 2 жыл бұрын
One thing not covered here, mukesh bought entire infrastructure of anil reliance mobile network to strengthen his jio mobile so he can be no1 in no time.. In exchange of that, he gave 80 million saving him from arrest.... So no favours... Now jio is 33% of indias mobile customer share
@tinguzz
@tinguzz 2 жыл бұрын
In 2007, I actually lost money by subscribing to Anil's Reliance Power, he was also owning finance company by the name "Reliance capital" and it was valued more than HDFC Bank (may be in 2008). Today HDFC Bank has market cap of more than $100 billion and Reliance capital has bankrupted. Indians got cheapest Mobile data due to Mukesh's Jio, no one can deny that. Now Mukesh is involved in green energy.
@jlyngdoh5608
@jlyngdoh5608 2 жыл бұрын
Really...?? How exactly did you lose money..??? What were the factors that led to you losing capital..???
@jayantkumar159
@jayantkumar159 2 жыл бұрын
@@jlyngdoh5608 he invested in that company
@GregWalker-m2b
@GregWalker-m2b Жыл бұрын
In light of the impending recession and the fact that inflation remains above the federal reserve 2% target in this time of conflicts and war, several leading market analysts have expressed their views on how dire they believe the economy will be, next recession and how far stocks may go. I need advice on what investment to make because i want to build a portfolio for my children that will be worth at least 800,000 dollars
@GregWalker-m2b
@GregWalker-m2b Жыл бұрын
Wow, would you mind telling me how i can use your service to get in touch with this financial advisor?
@GregWalker-m2b
@GregWalker-m2b Жыл бұрын
What then does he stand to gain in trading for people?
@GregWalker-m2b
@GregWalker-m2b Жыл бұрын
I see. That's fair enough.
@GregWalker-m2b
@GregWalker-m2b Жыл бұрын
How can i contact him?
@GregWalker-m2b
@GregWalker-m2b Жыл бұрын
Thanks for the recommendation
@cc1no
@cc1no 2 жыл бұрын
95% of those $42 billions were wiped out when the stocks price tumbled. All these billionaires are paper rich. They don't actually have billions in their bank accounts, otherwise why would they still rely on banks and investors for.
@kovam1234
@kovam1234 2 жыл бұрын
you dont understand finance do you :D banks and investors money is cheaper in terms of interest than the company''s own money since they could invest somewhere else and get better yield return than if they used the money. They teach this at college but just take away you usually want to use banks money cuz it has more benefits than spending your own.
@nickrakemer9277
@nickrakemer9277 2 жыл бұрын
And the money in your wallet?
@gameking8809
@gameking8809 2 жыл бұрын
5% of 42 billion is still more than enough for 10 lifetimes
@xenomoe9519
@xenomoe9519 2 жыл бұрын
@@kovam1234 🤣 I think he learned finance from gossips
@harsukhsingh2914
@harsukhsingh2914 2 жыл бұрын
Thats Right👍
@romelindareyes7337
@romelindareyes7337 2 жыл бұрын
Nice video very engaging from the beginning to the end. Nevertheless putting our time and effort in activities and investments that will yield a profitable return is what we should be aiming for.
@godblessamerica6151
@godblessamerica6151 2 жыл бұрын
👌
@kelvinl.3875
@kelvinl.3875 2 жыл бұрын
A great work demands a great sacrifice.
@seiduaudu7485
@seiduaudu7485 2 жыл бұрын
Nothing comes easy unless we work hard for it
@benildabituin1531
@benildabituin1531 2 жыл бұрын
Speaking of investment, I have been finding a tough time deciding between mutual funds, real estate, and crypto investment, anyone with ideas to help me with?
@leonardwonderman3854
@leonardwonderman3854 2 жыл бұрын
@@benildabituin1531 I'm into real estate investing.
@bobbygreene4116
@bobbygreene4116 2 жыл бұрын
When it comes to the world of investing,most people don't know where to start. Fortunately, great investors of the past and present can provide us with guidance.
@jacobabiodun2305
@jacobabiodun2305 2 жыл бұрын
Mrs Victoria is obviously the best
@jacobabiodun2305
@jacobabiodun2305 2 жыл бұрын
I invested $10,100 with her and she made profit of $53,000 for me just in 5days
@jacobabiodun2305
@jacobabiodun2305 2 жыл бұрын
Her success story is everywhere
@justinlawson8958
@justinlawson8958 2 жыл бұрын
You can contact her with her details 👇👇
@justinlawson8958
@justinlawson8958 2 жыл бұрын
Victoria Alejandro
@ExxonMobilCompany
@ExxonMobilCompany Жыл бұрын
Well with the economy and stocks at where it is now, I'd be disappointed if people weren't making any error on their portfolio at this time, it was much easier to navigate during the bull-run, regardless I still see and read articles of people pulling over $225k by the weeks in trades, how come?
@obodoaghahenry9297
@obodoaghahenry9297 Жыл бұрын
@James Vigor The US Stock market had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable, considering we’re not accustomed to such troubled markets, but there are avenues lurking around if you know where to look, I’ve netted over $850k in the past 10months and it wasn't some rocket-science start. I applied , I just knew I needed a firm and reliable technique to navigate better in these times, so I hired a portfolio advisor.
@marcelrobert9569
@marcelrobert9569 Жыл бұрын
@@obodoaghahenry9297 That's impressive, my portfolio have been tanking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind recommending the init-adviser you're using?
@obodoaghahenry9297
@obodoaghahenry9297 Жыл бұрын
@@marcelrobert9569 She is Julie Anne Hoover my consultant. Since then, she has devoted section and leave attention to safeguards that I have been keeping an eye out for. You can locate information about the chief online, on the off chance that you're interested. I made no regrets about substantially adhering to their exchange strategy
@charlotteflair1043
@charlotteflair1043 Жыл бұрын
@@obodoaghahenry9297 I did check her out, I see why she's booked up, her creds/resumé is topnotch. I booked a consultation with her regardless.
@kirtigupta9753
@kirtigupta9753 2 жыл бұрын
Dhirubhai was a classic case of a hard-working, frugal and well researched Indian parent whereas Anil Ambani was just the opposite of his father. Mukesh is just following in his father's humble footsteps.
@Bossupngetitnow
@Bossupngetitnow 2 жыл бұрын
Imagine having EVERYTHING...and it still not be enough. And here I am sharing a burger with my cat, perfectly content...go figure.
@ryanbrown4618
@ryanbrown4618 2 жыл бұрын
Life is not same for everyone
@arizonad8012
@arizonad8012 2 жыл бұрын
When 42 billion is not enough, you don't deserve even 42 cents...
@DAGODER
@DAGODER 2 жыл бұрын
AMEN
@ip3vk
@ip3vk 2 жыл бұрын
True. Greed is what brought his downfall like so many others.
@Shubham_Bahirat
@Shubham_Bahirat 2 жыл бұрын
After some point it's not about the money it's race to get on the top
@sadiashuja6739
@sadiashuja6739 Жыл бұрын
You did a very great job with this video. I love it.
@gunny4394
@gunny4394 2 жыл бұрын
I'm not going to lie, I'm really hope they make it big. I'm kinda rooting for reliance cause they are the ones contributing huge bucks in India's economy.
@douglasturner6153
@douglasturner6153 2 жыл бұрын
This "Riches to Rags" story reminds me a little of the two brother's Malvinder and Shivinder. Their dad built up Ranbaxy which they sold to Japan's Daichi Co for $5 Billion dollars or so. The sale had some serious disclosure issues. Now after much wheeling and dealing and litigation they're broke living in Tihar Prison saddled with massive debts.
@DeusRP
@DeusRP Жыл бұрын
.
@dannydaw59
@dannydaw59 2 жыл бұрын
Anil borrowed money for his telecommunications co. but didn't use the money to upgrade to 4g. He had until 2016 to do so before his older brother set up his own competing network.
@siddhunkarthik
@siddhunkarthik 2 жыл бұрын
No. You are partially correct. He borrowed money for his telecom company upgrade to another level. He acquired a Canada based Under sea water cable laying and managing company. It was a very high value acquisition. He thought that, he can give high speed internet on mobile via that company leased internet connection services . He put all his money into it. But that company went into bankruptcy. He lost all his money on that acquisition. Later Ericsson company was also behind Anil due to non payment of the setup which they had done for Reliance Commnunation Ltd. At supreme court, they filed case and during that point in time , mukesh helped him. Actually Anil's advisers were not good. He did invest and bought a company which was having too much in debt already in Canada. He lost everything in that company.
@Eaglebird8853
@Eaglebird8853 2 жыл бұрын
Both in telecom business , anil inherited , Mukesh built up, now pl see the business acumen between the two ..
@kalumprasannaHW
@kalumprasannaHW 2 жыл бұрын
@@siddhunkarthik FLAG Network ?🤔
@UrsNehaYadav
@UrsNehaYadav Жыл бұрын
16:13 watching drama😂😂😂😂😂the details you’ve put into this video is amazing 😂
@renaissancesoulin21stcentury
@renaissancesoulin21stcentury 2 жыл бұрын
Anil Ambani chose Telephone and Film Industry creative Industry which does not have much profit. Whereas Mukesh had chosen Petroleum and Gas Industry which are more profitable. Wish Anil Ambani a good success in the future!
@joebarriga-9945
@joebarriga-9945 Жыл бұрын
commodities are of utilitarian consumer use. needed products for industry. the film area is a diversionary industry which relies on expendanble income. the world runs on energy. the profit motive is in the family's dna, he'll make it.
@mr.bubbles8351
@mr.bubbles8351 Жыл бұрын
anil had power..
@jont2576
@jont2576 Жыл бұрын
U serious?telecomms is one of the most profitable industries on the planet. Remember that Mexican guy who used to be the world richest man once build his fortune entirely off Mexico's telecommunication sector,and softbank founder masayoshi son?another telecomms tycoon. Not to mention Singtel the largest company in my country at over 60b market cap by far,the second largest is barely even 20b.....once boasted profit margins of nearly 25 percent.....most companies can only dream of acheiving 10 percent profit margins.
@yuushamenma2130
@yuushamenma2130 Жыл бұрын
Telecom is insanely profitable, especially around the time Anil was trying to monopolize when web connected mobiles were becoming the new necessity. There’s a reason Mukesh himself entered it. Many billionaires made their unthinkable fortunes in this era.
@renaissancesoulin21stcentury
@renaissancesoulin21stcentury Жыл бұрын
@@jont2576 Telecom might be profitable but Anil Ambani was 3G and Mukesh Ambani got 4G Jio...Direct Competition with his brother.
@ILikePlayingFischRbx
@ILikePlayingFischRbx 2 жыл бұрын
the title says "From $42 Billion to $0 Be amazed: Tells there whole life
@SG-uh6sw
@SG-uh6sw 2 жыл бұрын
At the end of everything I love how we're gonna die and leave it all behind
@tiffanycurtis4794
@tiffanycurtis4794 2 жыл бұрын
Amen 😂😂😂😂😂
@Mainecoons_and_Me
@Mainecoons_and_Me 2 ай бұрын
6:52 one sentence: Rock, paper, scissors.
@carlaldric545
@carlaldric545 2 жыл бұрын
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.
@cedricdesmet381
@cedricdesmet381 2 жыл бұрын
Talking about been successful. I know I am blessed if not I wouldn't have met someone who is as spectacular as kamilla
@cedricdesmet381
@cedricdesmet381 2 жыл бұрын
She helped me recovered all I've lost trading by myself
@lindaedi6320
@lindaedi6320 2 жыл бұрын
Her successful stories are everywhere
@levinhuber973
@levinhuber973 2 жыл бұрын
please I have been hearing about this kamilla from my colleagues at work. How do I easily reach out to her
@jameswest416
@jameswest416 2 жыл бұрын
She has really made name for her self,
@animeeditor2714
@animeeditor2714 2 жыл бұрын
Damn nice work mannn.. u must have done a lot of research for this.... good work and thanks!
@happy4629
@happy4629 2 жыл бұрын
Hi be amazed congrats on 10 mil subs I wish I had that many but ur the one who deserves it
@Cristian_M_
@Cristian_M_ 8 ай бұрын
To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income particularly on a weekly or monthly basis. That’s the key to living financially stable..
@kirstenraedmund7346
@kirstenraedmund7346 8 ай бұрын
You are right. Been thinking of going into gold and cyptocurrency
@Brookeinda
@Brookeinda 8 ай бұрын
You’re right but a lot of people remain poor due to ignorance
@aaronferrell3129
@aaronferrell3129 8 ай бұрын
Not because of ignorance, it’s because of the high rate of unprofessionalism in the cypto market
@Bireshprema
@Bireshprema 8 ай бұрын
I’m new to cypto trading, feels overwhelming but I won’t give up on learning this. Thanks for your clear explanation from the very beginning!
@eileengardner5462
@eileengardner5462 8 ай бұрын
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Talia Ellwood. A widely known cypto consultant
@SkyLoreking
@SkyLoreking Жыл бұрын
he may not be as wealthy as he used to be but he is still very rich.
@ihkjxyjdrfzfxrfdrf4003
@ihkjxyjdrfzfxrfdrf4003 2 жыл бұрын
Soon we’ll have” *insert his wealth here* to 0$, How Putin lost all his money”
@kennethn3179
@kennethn3179 2 жыл бұрын
most likely his life too if he keep on pushing it.
@oldmandoinghighkicksonlyin1368
@oldmandoinghighkicksonlyin1368 2 жыл бұрын
You'll never find his money. That's why sanctions on him are a joke. If all of his assets were declared, he'd easily be the world's richest man.
@UVTimeTraveller
@UVTimeTraveller 2 жыл бұрын
Dude, how do you pronounce your name/KZbin ID?
@jasoncruz19800
@jasoncruz19800 2 жыл бұрын
Putin's money is Russia's money. He has more than any other billionaire combined
@jaewhite2462
@jaewhite2462 2 жыл бұрын
@@oldmandoinghighkicksonlyin1368 the sanctions are hurting the U.S. and Russia is barely noticing. Monthly utilities are $5 higher, and gas is cheaper there. That's what happens when someone with a 40 year track record of being a fuck up tries to play out of his league
@roger4mac
@roger4mac 2 жыл бұрын
What is truely AMAZING is that he was born in 1959, and returned to India from Aden in 1958 WOW!!!!!!
@beethoventz
@beethoventz 2 жыл бұрын
I saw it and I was like what?
@ReallHigh
@ReallHigh 2 жыл бұрын
He was born in India one year after his father returned from Yemen
@anwaremritte
@anwaremritte 2 жыл бұрын
Me too i saw this and was confused. How is this possible. Guessed maybe the narrator got it wrong.
@anwaremritte
@anwaremritte 2 жыл бұрын
Then i realised it was his father who returned back from Yemen
@rainbowodysseybyjonlion
@rainbowodysseybyjonlion 2 жыл бұрын
Lolol
@Stupid-fr2yv
@Stupid-fr2yv Ай бұрын
My mind when I saw the thumbnail: *”FROM THE SCREEN TO THE RING TO THE PEN TO THE KING, WHERES MY CROWN THATS MY BLING, ALWAYS DRAMA WHEN I RING”* 🗣🗣🔥🔥
@beluwuga
@beluwuga 2 жыл бұрын
18:48 “Only paid a small fraction out of 1.2 billion.” 18:54 “Remaining 717 million dollar left” yeah right 60% is a small fraction ... bruh...
@abhinandhari7812
@abhinandhari7812 2 жыл бұрын
It's not 60%, it's less than 50% , and that's without considering money degradation, so it is a low fraction
@callit3580
@callit3580 2 жыл бұрын
@@abhinandhari7812 wtf are you talking about?
@PhilipMurray251
@PhilipMurray251 2 жыл бұрын
Those hunting and stacking gems during this period in the market are going to be millionaires later.
@Jme---
@Jme--- 2 жыл бұрын
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
@Patriciacraig599
@Patriciacraig599 2 жыл бұрын
@@Jme--- As you know, It's a fragile season now, so you can do little or nothing on your own. Hence i will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on. I made over 80% run-up in net profit which is like 10x more than I make on my own.
@instinctively_awesome8283
@instinctively_awesome8283 2 жыл бұрын
@@Patriciacraig599 I agree with you on that, With the rate of inflation ravaging Russia and the world at large, the economy is heading towards a severe recession and The best way to find that balance between saving and living is employing the services of a professional.
@Alejandracamacho357
@Alejandracamacho357 2 жыл бұрын
@@instinctively_awesome8283 I agree with you, I was able to outperform the market during this inflation and raise a profit of roughly $200k. Thanks to my coach Nicole Ann Sabin
@chris-pj7rk
@chris-pj7rk 2 жыл бұрын
@@Alejandracamacho357 Thanks. Found her webpage and left a message after looking her name up on the web. Hopefully she responds soon.
@CanadaAstro
@CanadaAstro Жыл бұрын
Excellent family feud rundown. Thank you
@nammalilleee3207
@nammalilleee3207 Жыл бұрын
16:50 If you want to know how cheap Jio is hear this. Labourers in dubai take a jio sim in india and activate roaming for dubai when they go UAE. Its actually cheaper to call home this way than getting a local sim
@troyirons5059
@troyirons5059 2 жыл бұрын
After all the hindrances Anil is admiringly tenacious and determined to revive his fortunes
@elitesmedia6253
@elitesmedia6253 Жыл бұрын
Yes
@hantra17
@hantra17 2 жыл бұрын
When 42 billion is not enough, what is enough? The glass the billionaires are trying to fill has no bottom. Never thinking that enough is enough can and will cost you everything. For you play a game you can not win, only lose.
@episode1439
@episode1439 2 жыл бұрын
This is the only truth to take from this story. Its never enough for these people, and they stand on the back of the common man to try and gain the world
@hantra17
@hantra17 2 жыл бұрын
@@episode1439 That is the truth behind capitalism. But it is also impossible at the same time. There are other capitalists that you have to compete with. There are laws that make it harder. And of course time. Everyone dies one day, and then all one's work is put to shame. What good is it if he gets the money back, maybe overtaken his brother if he dies the next day? His family may want to continue, but he still can not take the money into the next life. Jeff Bezos is going for a trillion now, and when he has it, he will go for another and another. He will never be satisfied, he will never win, he will only lose.
@jaewhite2462
@jaewhite2462 2 жыл бұрын
He didn't have the billionaire mindset. That's why he failed. Billionaires are rich because they invest. Investing, by nature, is only helping others. Most of the money in the world economy belongs to the rich, so everything in your life exists because of them, if they hoarded money, or stuck it on offshore accounts like people want to believe then they would lose money at such an alarming rate that not only would they go broke in less then 10 years, but so would the whole worlds economy.
@hantra17
@hantra17 2 жыл бұрын
@@jaewhite2462 Can you live the rest of your life in luxury for a billion?
@siliconhawk
@siliconhawk 2 жыл бұрын
@@hantra17 i mean who couldin't, luxury is subjective so it changed from person to person. but even 1 million dollars is enough for a "luxury" life. what you do with is also important i guess.
@constantinandries5705
@constantinandries5705 2 жыл бұрын
Fun fact: In Romanian "Ambani" literally means "I have money" :)))
@reflexon5760
@reflexon5760 2 жыл бұрын
Now In India Ambani means Rich Guy
@amjad3021
@amjad3021 2 жыл бұрын
One thing his father died IN 69 ????
@heyareyouokayy
@heyareyouokayy 2 жыл бұрын
Eu em bani
@Anuj10_01
@Anuj10_01 2 жыл бұрын
Lol
@shikharashish4839
@shikharashish4839 2 жыл бұрын
@@amjad3021 and?
@PragyanSutradhar
@PragyanSutradhar 9 ай бұрын
I love a lot to watch these videos on my TV. Absolutely love your videos.
@derickmatikiti9160
@derickmatikiti9160 2 жыл бұрын
I think his family protected him,, Wow,, this teaches so many lessons, I thank you for it. My father was very rich, he unfortunately died so sudden too in 2021. My brother and I don't see eye to eye because basically we are different. Things are difficult and I want the best for the two of us, although it does feel like if we do different things we can be successful in different fields. I believe in God, thus I believe it will all add up and God will show all yet again another one of his miracles. I hope we will do better than how brothers usually do, Kane and Abel, then these guys.. I hope my pair will do better
@jamesyue1348
@jamesyue1348 2 жыл бұрын
Do you need any Asian slave ?
@edocinaferrao6333
@edocinaferrao6333 2 жыл бұрын
Haha...KANE & ABEL..
@musasule7103
@musasule7103 2 жыл бұрын
This is a sobo a very cold zobooooo
@pryzless1496
@pryzless1496 2 жыл бұрын
God will surely help you for believing in Him.💕
@spurs5677
@spurs5677 2 жыл бұрын
I know how you guys can get along
@henrikraymond5235
@henrikraymond5235 2 жыл бұрын
Nice content! The best way to find that balance between saving and living is by investing, this way you get to have your savings intact and then live comfortably of the revenue coming in from your investments.
@binagital5665
@binagital5665 2 жыл бұрын
His trade execution quality and profiting is well structured with great financial features.
@lindalily6924
@lindalily6924 2 жыл бұрын
Working with Romero pieto is the best thing that can happen to a beginner trader who is aspiring to be fruitful out of the market he is trustworthy and straightforward we surely need more men like him in trading world.
@jasonthomas269
@jasonthomas269 2 жыл бұрын
Good good content .
@abscottcoleman400
@abscottcoleman400 2 жыл бұрын
Yes I'm a living testimony of Romero pieto his platform has also done a great thing for me.
@katlinmicheal8121
@katlinmicheal8121 2 жыл бұрын
I've seen so many review about this man called Romero pieto who is he ?
@Emrann1010
@Emrann1010 2 жыл бұрын
Moral of the story :- if you have a debts, make sure all your property is transferred to your family name. 😅
@The1Ethiopian
@The1Ethiopian Жыл бұрын
you have to put it in other people name as soon as you purchase it, you cant do it after you owe people money. They have a name for that
@abrahammunoz6903
@abrahammunoz6903 Жыл бұрын
Juaaaaaaaaaaa😂
@tascrphs
@tascrphs Жыл бұрын
Then you won't get the loan... Most loans require collateral - especially if it's with a foreign lender. There are many morals to this Anil fiasco, including wasteful spending, overly optimistic expectations, lack of a solid pulse on the development of disruptive technologies, and the lack of synergies between capital intensive businesses.
@dannygreen5477
@dannygreen5477 Жыл бұрын
@@tascrphs Why would a billionaire need a loan!???
@tascrphs
@tascrphs Жыл бұрын
@@dannygreen5477 you can’t be serious Danny. They’re very few billionaires that did not use leverage to acquire more wealth. Ambani was just reckless in piling up so much debt.
@soumyaray1467
@soumyaray1467 Жыл бұрын
Interesting video. In high-profile cases such as these, the loss of goodwill is way more detrimental than any financial upheaval. In business there is always a certain risk where the business can end up losing a lot of money but this debacle absolutely ruined Anil Ambani in terms of his social standing. So much so that all his super-elite, super rich celebrity friends shunned him and his family. People would look through them at parties as if they didn't even exist. It was brutal. His wife Tina routinely hob-nobbed with the top Bollywood stars as she was spearheading many social causes and would organize events to raise funds. All her influential friends vanished overnight and blacklisted her from every event. Mukesh Ambani's wife Nita who was initially relatively off the social radar has now become the obscenely extravagant Reigning Queen of Cultural Events, Art, Sports and other philanthropic issues after dethroning and obliterating her sister-in law.
@sudhakar7889
@sudhakar7889 2 жыл бұрын
The video production is very good. Well researched and good pickup clips from various sources.
@JosBaRa
@JosBaRa 2 жыл бұрын
Whats sad is if they worked together they would be worth more than double of what they had smh. And made their father and family proud
@ryanbrown4618
@ryanbrown4618 2 жыл бұрын
Anil wasn't an ideal man to work with
@greenscreekgirl
@greenscreekgirl 2 жыл бұрын
Their parents should have taught them to work together. I started out teaching my sons from the time they were little that their brother will always be their best friend. I thought them to love each and see each other as their ally. I also taught them people are more important than money!
@greenscreekgirl
@greenscreekgirl 2 жыл бұрын
@mad-in-wonderland Yes you are right, sometimes our best efforts are for naught. But, it it is better to try to give them a firm foundation to build on.
@stephenbanks5952
@stephenbanks5952 5 ай бұрын
I totally agree with you but then we sound to be on a similar wavelength. It is also important to have ruthless people like this to build huge companies. I am just not one of them.
@polokucoch8112
@polokucoch8112 Жыл бұрын
Brothers should be the closest allies and friends. So sad that business and money get's in between that bond...
@prophet1782
@prophet1782 2 жыл бұрын
The main problem with Anil's case was that he started too big. You must start small and then build up.
@sops143
@sops143 2 жыл бұрын
Going by ur logic, he is small now so should he start now?
@posharay3871
@posharay3871 2 жыл бұрын
He could avoided unnecessary big loans just like his brother and made partnership with better business gurus just like his brother with Zuckerberg Holly/Bollywood is a facade....you can't rely on it that much
@scratchcoder9999
@scratchcoder9999 2 жыл бұрын
@@sops143 No, he got wrecked and other kinds of stuff, not to mention his rivalry.
@KingstonTiger
@KingstonTiger 2 жыл бұрын
@@scratchcoder9999 He can make a comeback though.. Especially in a country like India where you have endless possibilities for investment. Well that depends on whether he had learnt his lesson also so I can't tell confidentially either
@scratchcoder9999
@scratchcoder9999 2 жыл бұрын
@@KingstonTiger Kinda makes sense.
@SHUBHAMSG
@SHUBHAMSG 2 жыл бұрын
Indian Companies rode through Covid 19 primarily because of Jio .. The entire Work from home succeeded here as Internet is available to EVERYONE .. All thanks to Mukesh Ambani .. Had he not disrupted the telecom market, Vodafone and Airtel would keep charging us at 251 Rs for 1 GB 3G Internet
@uncleted470
@uncleted470 2 жыл бұрын
I am truly amazed by the content from this channel. Bravo. How can I support ur work?
@anshuuu9708
@anshuuu9708 2 жыл бұрын
Support their Patreon or buy a membership of this channel.
@GermanStormtrooper
@GermanStormtrooper 2 жыл бұрын
@@anshuuu9708 uhhh what ?
@MurtazaTalib
@MurtazaTalib 10 ай бұрын
Those same celebrities, that Anil was awed by, danced at Mukesh Ambani's sons' prewedding! Anil followed Fame, Fame followed Mukesh
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