Mukesh Ambani's new distinction puts the world in his pocket and the moon within his grasp.
Who wants to be a millionaire' is so last season. And who wants to be a billionaire is close to being pass. A sharp surge in share prices of his group companies has earned Reliance Industries Chairman Mukesh Ambani the rare distinction of being the only trillionaire in the country with over Rs 1,00,000 crore (Rs 10000000000000!!!!!!!) of wealth through his shareholdings. And that's now upped the ante for wannabe bullion-barons, propelling fortunes into figures that jam up calculators and stymie anyone trying to zero in on how many digits a trillion has! Yet, making this number meaningful to ordinary people is a major challenge. So, what does a trillion look like?
To help you along this flight of fancy money, TGIS came up with a ready reckoner of sorts, a comparative study in a lighthearted vein that disregards currency conversions, to give you an idea of what it actually means to stack up a 'trill' and break the bank in the process.
Ronald Reagan's Star Wars defence programme of the 1980s didn't come cheap. And the US government put a cap on that programme when the greenbacks were nudging a trillion in the spending mark. That’s when costs raised a few eyebrows. But it's also clear that a trillion can fund its very own Star Wars programme, albeit of a different kind. In fact, a trillionaire could probably reach for the stars, in every sense of the term. There’s a saying which goes something like 'No man is an island' and the world's most costly man-made islands, Dubai's Palm Islands ($180,000- $2,000,000 a pop) are within easy reach of a trillion. To rephrase that, a trillion could put all the properties that comprise Palm Islands within your reach, and still leave you enough to get you some property on the moon for good measure!
And, while we're talking airborne, the Airbus 380 is now the most luxurious thing in the air. And, at $296-300 million per plane, a trillion could probably buy you as many of these planes as there are days in the month.
And, when you're a trillionaire, the word 'budget' takes on a new meaning. Speaking of budget, you might have made your trillion by smart budgeting, but a trillion can put a country's defence budget within your reach. But why stop at a mere budget when you can use that money for something altogether more peaceful? Ever heard of the Savage Garden song To The Moon And Back? While lead singer Darren Hayes might never rake in that kind of moolah for a lifetime of hit singles, to a trillionaire , a flight to the Moon and back - literally - would be as commonplace, in money terms, as a long-haul flight to another continent for the regular folk.
That's right, when you're thinking in trillions, you're in another zone. A calculation on a website states that you can illustrate the scale of this number by comparing the fact that a million seconds equals 11.5 days, a billion seconds is 32 years and a trillion is 32,000 years.
So what comes after a trillion? A quadrillionaire! And that's a thousand times trillion.
Is anyone listening?
(Source:TNN)
To help you along this flight of fancy money, TGIS came up with a ready reckoner of sorts, a comparative study in a lighthearted vein that disregards currency conversions, to give you an idea of what it actually means to stack up a 'trill' and break the bank in the process.
Ronald Reagan's Star Wars defence programme of the 1980s didn't come cheap. And the US government put a cap on that programme when the greenbacks were nudging a trillion in the spending mark. That’s when costs raised a few eyebrows. But it's also clear that a trillion can fund its very own Star Wars programme, albeit of a different kind. In fact, a trillionaire could probably reach for the stars, in every sense of the term. There’s a saying which goes something like 'No man is an island' and the world's most costly man-made islands, Dubai's Palm Islands ($180,000- $2,000,000 a pop) are within easy reach of a trillion. To rephrase that, a trillion could put all the properties that comprise Palm Islands within your reach, and still leave you enough to get you some property on the moon for good measure!
And, while we're talking airborne, the Airbus 380 is now the most luxurious thing in the air. And, at $296-300 million per plane, a trillion could probably buy you as many of these planes as there are days in the month.
And, when you're a trillionaire, the word 'budget' takes on a new meaning. Speaking of budget, you might have made your trillion by smart budgeting, but a trillion can put a country's defence budget within your reach. But why stop at a mere budget when you can use that money for something altogether more peaceful? Ever heard of the Savage Garden song To The Moon And Back? While lead singer Darren Hayes might never rake in that kind of moolah for a lifetime of hit singles, to a trillionaire , a flight to the Moon and back - literally - would be as commonplace, in money terms, as a long-haul flight to another continent for the regular folk.
That's right, when you're thinking in trillions, you're in another zone. A calculation on a website states that you can illustrate the scale of this number by comparing the fact that a million seconds equals 11.5 days, a billion seconds is 32 years and a trillion is 32,000 years.
So what comes after a trillion? A quadrillionaire! And that's a thousand times trillion.
Is anyone listening?
(Source:TNN)
Posts
No comments:
Post a Comment