E-PaperThe Rich News
Andhra Pradesh's Jagan Mohan Reddy most wealthiest CM in India | Mint Primer | Mint
Have you ever wondered how much wealth the current chief ministers of India possess? According to a report by the Association for Democratic Reforms (ADR), out of the 30 current chief ministers of states and union territories, 29 are crorepatis with Andhra Pradesh's Jagan Mohan Reddy having the highest assets totalling ₹510 crores. The report analyzed self-sworn poll affidavits of all the 30 current chief ministers.
4 May 2023What is short-selling? Netflix docuseries ‘Eat the Rich’ shares key insights on this famous hedge fund strategy
How some retail investors took the wind out of a hedge fund’s sails — as depicted in the Netflix docuseries ‘Eat the rich: The Game stop saga’. We share more details on short selling here
2 min read25 Feb 2023India's richest 21 have more wealth than 700 million Indians: Report
On an average, Indian billionaires increased their wealth by 120%. While the bottom 50% continue to battle inflation, and saw their wealth depreciate during the exact same period. An obvious question this gives rise to is if India should consider taxing its super rich. But more on that later. OXFAM recently published a report called ‘survival of the richest’’ on the opening day of World Economic Forum in Davos, Switzerland. The report makes more such shocking claims. It goes on to say that the richest 1% of the country own more than 40% of India’s total wealth. Whereas the bottom 50% or 70 crore people own just 3% of India’s total wealth.
19 Jan 2023Jeff Bezos becomes the richest man in modern history
The Amazon.com founder's net worth reached $150 billion on Monday which is $55 billion ahead of Microsoft co-founder Bill Gates's net worth. Bezos also topped Gates in inflation-adjusted terms. The $100 billion mark that Gates hit briefly in 1999 at the peak of the dot-com boom would be about $149 billion in today's dollars.
17 Jul 2018Eat the rich: Grilled, fried or raw?
We begin a series on 'interesting' booksintelligent and thought-provoking, but also enjoyable, with 'Eat The Rich' by P.J. O'Rourke
5 min read10 Jun 2016Family rules on weekends
'Mint' spoke to CEOs and heads from different industries, and asked how they spend their weekends
1 min read28 Sep 2015Whisky’s many expressions
Pairing whisky with food is always going to be a challenge; not because it's difficult, but because there are almost unlimited options
2 min read28 Sep 2015For the love of the job
The perception that entrepreneurs and businessmen have riches to look forward to while professionals take solace in job stability is starting to change
2 min read28 Sep 2015Flying in style: cost no bar
On board Etihad's The Residencethe largest-ever civilian aeroplane which is a breathtaking private suite
2 min read28 Sep 2015Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared