Interesting!!!!!!
When the Dhirubhai Ambani business empire was divided between Mukesh and Anil Ambani, Anil started with a net worth of USD 31,000,000,000. In just over a decade, he has lost 99% of his net worth, haemorrhaging at the rate of Rs. 58 crores per day for 123 months...
The younger brother defaulted loan & sold company to elder brother to repay loan.
The elder brother took loan from same bank to take over the younger brother's company.
Now the bank got reduced NPA with stronger loan book. Nothing came or gone despite everything got good.
Company Share prices got doubled in a week.
Mukesh allowed Anil to announce bad news and drop the share prices. The public sold off and Mukesh bought the shares (through loan) at dead cheap prices. Now prices are high. He pays off the loan to the bank by transferring it shares or with partners/partial sell in public. He has a company at zero cost.
Now who is the loser ?
Anil Ambani - No ( He got sufficient money to pay his loan )
Mukesh Ambani - No ( He got a good company at throw away price and he is going to mint money out of that )
Bank : No ( They got their money back with interest )
You, the public is the loser who invest in share market..!
All done legally
That's how true industrialist use share market to earn profit from public..! And normal public keep investing in share market
A fantastic illusion we live in ...hats off...😀
When the Dhirubhai Ambani business empire was divided between Mukesh and Anil Ambani, Anil started with a net worth of USD 31,000,000,000. In just over a decade, he has lost 99% of his net worth, haemorrhaging at the rate of Rs. 58 crores per day for 123 months...
The younger brother defaulted loan & sold company to elder brother to repay loan.
The elder brother took loan from same bank to take over the younger brother's company.
Now the bank got reduced NPA with stronger loan book. Nothing came or gone despite everything got good.
Company Share prices got doubled in a week.
Mukesh allowed Anil to announce bad news and drop the share prices. The public sold off and Mukesh bought the shares (through loan) at dead cheap prices. Now prices are high. He pays off the loan to the bank by transferring it shares or with partners/partial sell in public. He has a company at zero cost.
Now who is the loser ?
Anil Ambani - No ( He got sufficient money to pay his loan )
Mukesh Ambani - No ( He got a good company at throw away price and he is going to mint money out of that )
Bank : No ( They got their money back with interest )
You, the public is the loser who invest in share market..!
All done legally
That's how true industrialist use share market to earn profit from public..! And normal public keep investing in share market
A fantastic illusion we live in ...hats off...😀
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