Saturday, November 29, 2008

For all gung-ho people out there!!!

Just to let you know (in case ne1s interested), m busy dese days with philosophers like socrates, pluto and many more. Their theories are pretty logical (although i havn't read much yet) but guess we don't like logical things. Do we? Dese days I pick up a magazine or two everyde (as TCS is paying me for doing nothing) and try reading something interesting. And usual i end up getting something largely interesting. I thought why not to share these facts as it might motivate someone and he/she would finally thank my blog in the TV interview that he/she 'll have after few years(M seriously hoping that).

Newaz, one of the days, i grabbed a mag called Business Today. It carried in itself, list of highest earning executives in India. This is current data regarding their salary, a factual sheet that nullifies the horrible "Global Meltdown". the list starts with, we all know, Mr. Mukesh Ambani who earns 45.52 crores every year. His salary is some 5.5 crores and rest of the 40 crores is his commission on various projects that brand Reliance gets. Followed by Anil Ambani who earns around 30 crores per annum. This includes again 27 crores as his commision for serving various boards. Just imagine the average monthly salary that comes home for these people. Taking Anilbhai's (as hes known in gujarati community) case, if even 30% of income goes away in tax, he still ends up earning just less than 2 crore per month. big sum isnt it?


Ahh, i kept some figures hidden because i wanted to reveal them at the end. The Indian CEO's salaries were compared with few other non-Indian CEO's. Arun Sarin earned around $11.2 million, which at 48 rs equals to a whopping 53.76 crores per annum. Imagine, he gets 4.48 crores every month.

Hang on, the biggest revelation comes now. The company which has become famous off-lately for acquiring all big firms, Oracle, no wonder has the highest paid CEO in the world.. The founder and CEO Mr. Lawrence Ellison (You need 2 respect such people; i mite well end up getting a job due to this salutation :D).. This chap earns $90 million dollars every year, imagine.. This means, at a conversion rate of 48 rs. for a dollar, turns out to be around 432 crores every year, arnd 36 crores every month. Which means, more than a crore rupees every day.. GOD!!!! Give us a few days salary, Mr. Ellison!!! :)

So people out there, get inspired by this blog and forget the recession blues. Its all for the people who think small.. Think big and grow big.. Cheers..!!!!