MUMBAI — The newest and most exclusive residential tower for this city’s superrich is a cantilevered sheath of steel and glass soaring 27 floors into the sky. The parking garage fills six levels. Three helipads are on the roof. There are terraces upon terraces, airborne swimming pools and hanging gardens in a Blade Runner-meets-Babylon edifice overlooking India’s most dynamic city. Enlarge This Image Kuni Takahashi for The New York Times
The 27-story house of Mukesh Ambani, chairman of Reliance Industries, in Mumbai, India.
There are nine elevators, a spa, a 50-seat theater and a grand ballroom. Hundreds of servants and staff are expected to work inside. And now, finally, after several years of planning and construction, the residents are about to move in.
All five of them...
“We are all sort of perplexed,” said Alyque Padamsee, a long-time advertising executive and actor in the city. “I think people see it as a bit show-offy.” ...
“Whether it is a beggar or an Ambani, the desire to be rich is in everyone’s heart,” he said.
It is the mindset Ralph...one side thinks of others before themselves (liberals) and the others think "who the hell cares about _____." Oddly, and ironically, the side who cares about nobody but themselves call themselves the moral side and Christians. A conservative Christian is an oxymoron.
The trickle down theory is kind of nonsense. Wealth is created when two people agree to trade : I agree to give you x if you give me y.
Yes yes yes "money" will trickle down, but will wealth? I could cram $5 trillion down the throats of some city, but will that money actually create wealth? Was it stolen money? Was the money causing inflation? Was the money created out of thin air? Or does it actually represent that two people are happier for the trade?
I'm not sure that trade by itself can create wealth, either. Say Smith has an apple and Jones has an orange. They decide to trade. Now Smith has an orange, and Jones has an apple. The fact that they made this trade indicates that one apple is worth one orange. No wealth was created or destroyed in this scenario. If any wealth was created, it was when the apples and oranges grew on the tree, or when they were picked.
But you have to somehow convince all those others to go along with the price you set. A person could refuse to trade more oranges in return for fewer apples. A person could refuse to work for peanuts rather than apples. How do you convince them to agree to do what you want?
you have a point...this house would also have 100 people as staff..so it would create 100 more jobs and reliance already have 0.3 million people as staff and they are nicely paid too...it is one of most soughed after organization for work...and even if it wasn't the case..what a person does with his money , whether we like it or not is not our look out...it is private matter and right of person to use his money is way he/she wishes to...
to be fair with mukesh..his wealth is legal income and what he does with it is his problem..reliance is huge and it has 0.3 million employees...now this man has money which he is spending..that is his right..we cannot stop him..can we?
Murkesh makes Larry Ellison and Donald Trump look like pikers, and Bill Gates and Warren Buffett look like angels. He brings to mind Ozymandias:
I met a traveller from an antique land Who said: "Two vast and trunkless legs of stone Stand in the desert. Near them on the sand, Half sunk, a shattered visage lies, whose frown And wrinkled lip and sneer of cold command Tell that its sculptor well those passions read Which yet survive, stamped on these lifeless things, The hand that mocked them and the heart that fed. And on the pedestal these words appear: `My name is Ozymandias, King of Kings: Look on my works, ye mighty, and despair!' Nothing beside remains. Round the decay Of that colossal wreck, boundless and bare, The lone and level sands stretch far away".
It's just disgusting. 2 billion people on this planet live on less than a dollar a day. His obscene wealth, even if it was gotten "legally", was earned on the backs of the poor, and now he is flaunting it.
well you have a point out here ..but 2 billion people living is less than dollar is product of system which was created ...mukesh is beneficiary of it...he could have opted to be like buffet or naryan murthy ...but he opted this...but main issue is system...which mukesh didnt create...if i would have that amount of wealth , i wont have built such a house..it is my personal thinking...but i can't blame a person who does either...that is his personal thinking....
If the money is legal, than theres no point of blaming his personal ambitions & desires. Our social structure does not give us the right to interfere in such corners of life. A rich guy is allowed to do whatever he wants to do with his legally earned money, if you dont like it then Capitalism is not for you, you need to switch to Communism.
Besides, there are plenty of Russian & European Mafias who are living more exotic lives with all their black money than Mukesh. So instead of point to a legal rich, you can talk against them if you want to.
Right...but some of us, given the fact - Cant achieve such success, are jealous of such life standards & chose to spread it in a negative way. Although I too would not support such exotic living but hey, if you want to live in a capitalist world get used to it, if you dont like it then why did you blamed Communism in the first place!
Don't give in. I hate it when the toothless teenage mothers hold up their emaciated brats and beg as though the gruel were for them. I know they will just sell it for drug money.
It's called tough love, Ron. They won't learn anything if you coddle them. It isn't easy being a compassionate conservative, but if we stand by each other, we can learn to make the appropriate emotions appear on our faces so that they know we have nothing but Jesus in our hearts as we draw the curtains.
I find that practicing in front of a mirror helps. I like looking at myself anyway, so it's a win-win.
Sure, go ahead, go to India and see all the hope lost due to the construction project being over....the hundreds (or thousands) of jobs created are now gone, and the poor are once again, unemployed yet still poor.
Web-site/URL: http://news.yahoo.com/s/huffpost/201002 … UtY2xhc3M-More evidence that the worst recession since World War II is still NOT over and won't be until we see some spending and there is a TRUE drop in...
The wealthiest 300 people in the world have more money than the total income of the poorest 3 billion in the world.Three hundred people have more money than three billion!!Does this mean capitalism is fair and works as...