Guys this is the first lesson of sensational journalism. Rs 50 to billionaire....then you read the article and it is clear. He went there with Rs 50 because that is how much Govt. allows....borrowed with the help of his arab friend 3000 riyal....then small time job etc. so there was a long journey. Many Indians left shore with Rs 50 in hand and became millionaire. That does not mean Rs 50 can make you Billionaire. In that case Ambani went to Yemen with even less money and his empire today is in Billions. Nevertheless PNC Menon's story is an example that with little luck and if you are willing to work hard and make best of opportunities you never know. Great job Mr. menon.
RE:Technically it started with 3000 riyals.
by Moxie on Jul 01, 2008 06:22 PM Permalink
Amabni used to get molten the Yemen silver coins into bullion and export to UK thus extract money from it!
Thats a confident that ur achieve urs goal till now, i just share mine views as me is nothing in front of u to saying all but i assumes that ur really GREAT . WITH REGARDS BISWJEET
RE:confidence shows
by jignesh bond on Jul 01, 2008 06:02 PM Permalink
Yo Bongla Bandhu Biswjeet! Kee Bolchi re! You need to improve your grammar. There is a book from wren and martin please read it. It is a good book and may help you.
RE:confidence shows
by ayush mukherjee on Jul 01, 2008 06:34 PM Permalink
mr grammatically correct!!! it should have been 'there is a book BY wren....' rather than 'there is a book FROM wren'. is english grammar all that important that you end up hurting the other person's confidence????
RE:HIDDEN SIN
by Babu Joseph on Jul 01, 2008 05:23 PM Permalink
they said hard work. read it as hardwork of employees and that is the secret of success
RE:RE:HIDDEN SIN
by harish raj on Jul 01, 2008 05:49 PM Permalink
To make emloyees is in itself a hard work. You seem to work in the church so you must be feeling that converting people is a hard work which you must be doing. That's y u dont understand the meaning of hard work.
I salute u sir, The amazing story of ur life a true inspiration for the people who are traveling in the life of dirty way and not finding way to come out and ur work towards society is also a example for those who have money and spending over only their luxury sir once again i salute and wish u long and beautiful life forever pravin surve
RE:Wrong calcluation
by Ash on Jul 01, 2008 05:18 PM Permalink
hey dude, Pls take class from "Panchvi class se thez hain" and then say if you are right when you say 1 Billion is 100 crores.., kahan se pakd ke ahata hain yaar!!!!
RE:Wrong calcluation
by rajesh kumar on Jul 01, 2008 05:40 PM Permalink
arre ghai yeh jo millionaire our billionaire dollar mein hota hai. Rs mein nahi.. he was rite in saying it needs 4200 crores to make a billionaire
RE:Wrong calcluation
by vikram chauhan on Jul 01, 2008 05:11 PM Permalink
please tell me how much indian rupees / dollars would have been minimum to make him Billionaire.....big boggling calculation , goes over my head....
RE:Wrong calcluation
by Krishna Lakshman on Jul 01, 2008 05:25 PM Permalink
Rs 1500 is the ANNUAL TURNOVER of Sobha Developers in INDIA!!!! It is NOT his personal wealth. He has business in the Middle East as well. He is a Forbes billionaire because he has been accumulating wealth since 1976. Get your facts straight before you blabber something on a public forum.
RE:Wrong calcluation
by harish raj on Jul 01, 2008 05:53 PM Permalink
and that too soba developers is a listed company, so his stake must be even smaller. Any way, see the theme behind this story. And highlight only those errors which are necessary like if his charity work is false. HE is in this case doing a good job which rediff has highlighted, rediff, there are lots of people like PNC.
RE:Wrong calcluation
by vikram chauhan on Jul 01, 2008 05:14 PM Permalink
4200 crore and 1500 crores....a gap of 2700 crores ......dont u smell some scam....? where has the money gone
RE:Wrong calcluation
by Rajesh on Jul 01, 2008 05:23 PM Permalink
Dollar billionaire i.e. approx Rs 4300 crores calculation is probably value of his shareholding in his company as per the market capitalisation of the company stock.
P N C MENON SIR, HATS OFF TO YOU, U ARE SIMPLY AMAZING. THE KIND & HELPING NATURE LIKE YOU SHOULD BE SEEN IN MANY RICH PEOPLE SO THATS HOW WE CAN ATLEAST WIPE THE TEARS OF MANY WHO ARE IN DISTRESS, ALWAYS I WILL REMEMBER YOU IN MY DAILY PRAYERS, GOD SHOULD STRNGTHN YOU IN ALL THAT YOU DO.
I have been living in the Gulf for more than 7 years now and the number of school drop-outs turned successful Indian businessmen are plenty here in the Middle East...
I think as Mr.Menon rightly pointed out, you have to be in a place which is beginning to grow and establish yourself quickly....Basically, the Early Bird in any place will get its worm...
Probably all these rag2riches kings have seen 'Trishul' innumerable times...so when they achieve something they just brag the same dialogues Amitabh mouthed.
like here: from Rs 50 to Billionaire.
but do you believe this crap...I don't and it doesn't matter.
RE:Wrong Claims
by rohiet on Jul 01, 2008 04:32 PM Permalink
like I can say that I have only 1000 in my bank now...now lets give 10 years and maybe i might become the rihest person in the world.
RE:Wrong Claims
by vishnu vardhan on Jul 06, 2008 05:13 PM Permalink
yes ur right his father was maharaja of travancore and he sent a treasure to him in OMan to become rich
happy
just to tell u the fact
leagally u were supposed to carry only that amount when u went abroad in those days as india didnt want its people to spend money abroad
Now after liberalisation and full rupee convertibility we dont mind indians buying foreign currency
