Yesteryear Zillionaires

and finally
04
Source: http://articles.economictimes.indiatimes.com/2015-05-01/news/61723748_1_mansa-musa-asaf-jah-vii-osman-ali-khan
Corporate Dossier May 01-07, 2015
ANIRBAN BORA
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Brett Fox
:: wanderlust
GRAPHICA
Yesteryear
Zillionaires
Think Carlos Slim and Mukesh
Ambani are rolling in money?
Check out these super rich
gents from the past
ANDREW CARNEGIE
NOV 25, 1835 – AUG 11, 1919
Carnegie’s parents were
dirt poor and immigrated
to America from Scotland
in search of a better life.
Carnegie started working as
a telegrapher and went on to
invest in railroads, bridges
during the railroad boom in
America. He went on to build
Carnegie Steel Company
which he sold to JP Morgan
in 1901 for $480 million
(in 2015, $13.6 billion).
Adjusting for inflation,
Carnegie would have been
worth over $310 billion. In
his lifetime, Carnegie gave
away 90% of his fortune.
JOHN D
ROCKEFELLER
JULY 8, 1839 – MAY 23, 1937
CEO, Hi-Tech Entrepreneur, Author,
Mentor, and Business Builder
Who has more power in a startup? A founder or a CEO?
Be a founding CEO and there is no
doubt, you have the most power...
„ Let’s assume we are talking
about a venture-backed startup,
and you founded the company.
Now the VCs recruit a CEO to run
the company.
„ The CEO reports to the board
and you report to the CEO, so the
CEO has the power to fire you.
That’s the way it works or should
work.
„ That being said, you should get
to participate in the hiring of the
CEO, and your voice should be
loudly heard.
„ Your thought process should be
to win, and the CEO is the being
brought in to help you, the team,
and the investors win. That’s the
way it should work, but many
times it doesn’t.
„ Usually founders and CEOs
clash because the wrong person
was hired or you, the founder, are
standing in the way of the company’s progress. Let’s assume the
CEO is good and you are obstructing progress. The CEO should
push you aside, and the board
should support the CEO.
„ Hopefully you bought into
bringing in a CEO, and the CEO is
top-flight. Then, you, the team,
and the board have an excellent
chance of winning.
Source: http://www.quora.com/
Who-has-more-power-in-a-startup-Afounder-or-a-CEO
OSMAN ALI KHAN, ASAF JAH VII
6 APRIL 1886 – 24 FEBRUARY 1967
HENRY FORD
JULY 30, 1863 – APRIL 7, 1947
Henry did not invent the automobile. Neither did he invent
the assembly line. He built the
first automobile that middle
class Americans could afford.
Ford also pioneered “the five
dollar workday” where he doubled the minimum wages from
$2.34 to $5 a day. As a result,
the best mechanics flocked
to Ford, raising productivity,
and lowering training costs.
At his peak, Ford was estimated worth over $190 billion
(adjusted for inflation).
At the age of 58, John
Davidson Rockefeller Sr retired from the company he
founded in 1870, Standard Oil.
For the next forty years, till
his death at the ripe age of 98,
Rockefeller devoted his life
to philanthropy. At his peak,
Standard Oil controlled 90%
of oil in the US, making him
the first dollar billionaire in
America. Adjusted to inflation, Rockefeller was worth
about $336 billion in 1937.
The last Nizam of Hyderabad
once made it to the cover of
Time magazine as the richest
man in the world. Estimates
of his fortune vary but in the
1940s, he was estimated to be
worth $2 billion – about 2% of
the US economy. In 1947, the
Nizam made a gift of diamond
jewels, including a tiara
and necklace, designed and
made by Cartier, to Princess
Elizabeth (now queen) on the
occasion of her marriage. The
Queen still wears it.
Mansa Musa, who? The
emperor of Mali, according
1280 – 1337
to some estimates, might
be the richest man to have ever lived. On
the way to his pilgrimage to Mecca, Musa
touched down to Cairo where chroniclers
got a taste of Musa’s riches. Musa was accompanied by a caravan of 60,000 men
including 12,000 slaves dressed in brocade
and silk. Musa had a baggage train of 80
camels, each carrying 300 pounds of gold.
Musa’s generosity in Egypt had another
consequence: Cairo was flooded with so
much gold that prices remain depressed 12
years after his visit, observed a historian.
MANSA MUSA I
(Compiled by T V Mahalingam)
Edit & Desk : Dibeyendu Ganguly, Moinak Mitra, Priyanka Sangani, Dearton Thomas Hector and TV Mahalingam Design : Shubhra Dey, Sanjeev Raj Jain, Nitin Keer
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Vishal Sehgal
Co-founder & Director,
LAVA International
Far-out destination: La Jolla beach
area, San Diego. The sight of the
seals on the Pacific Rim is stunning
Bon Vivant Moment: Watching the
sunset from Victoria Peak, Hong
Kong, as the city lights come on
Outdoorsy activity: Snorkeling at
Bat Island, Goa
Emptied my pockets on: A Breitling
watch during a US trip
Panoramic views: Canacona beach
in South Goa
Indian Surprise: Rajma Chawal,
topped with Desi ghee at Peerah,
during a road trip from Jammu
to Srinagar
Best drive: From San Diego to
Los Angeles and from Goa to
Mangalore. Can’t choose which one
is more exhilarating
Gourmet Delights: TK’s at Hyatt
Regency Delhi. Japanese food at
its Indian best
Street Food Surprises: Vada Pav at
Worli, Mumbai, near the old passport office. The devil is in the red
chutney inside
Best Bar: Pete’s Bar overlooking
the Pacific, San Diego
Goofy Traveller moment: A soundcum-sign conversation with a
short-on-English Chinese co-traveller on the 40-minute ferry ride
from Shekou port to Hong Kong
airport terminal
Traveller Tips: Travel light. Golf
bag doesn’t count as travel
weight though
Interesting stranger: An Israeli
tourist I met while lounging in a
Goan bar. Taught me unforgettable
lessons on the meaning of family
values and balance of life
Regn. No. MAHENG/2002/6295 Volume 14 Issue No. 19“Published for the proprietors, Bennett Coleman & Co. Ltd. by R. Krishnamurthy at The Times Of India Building, Dr. D.N.Road, Mumbai 400001 Tel. (022) 6635 3535, 2273 3535, Fax-(022) 2273 1144 and printed by him at The Times of India Suburban Press, Akurli Road,
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