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Proposed Tax On 'Ultra-Millonaires' Could Raise Trillions In Revenue

If there is any fundamental belief that has always united conservatives, it s the central importance of property rights. James Madison wrote: Government is instituted to protect property of every sort . (T)hat alone is a just government, which impartially secures to every man, whatever is his own. Said economist Milton Friedman, Nothing is so important for freedom as recognizing in the law each individual s natural right to property.
That idea still has some appeal on the right. Sen. Rand Paul (R-KY) has gone so far as to criticize the Fair Housing Act, which barred racial discrimination in the sale and rental of homes, for infringing on the liberty of owners. Decisions concerning private property and associations should in a free society be unhindered, he wrote in 2002. As a consequence, some associations will discriminate. He was fine with that. ....

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Welcome To IANS Live - BUSINESS - Mukesh Ambani turns 8th richest person in the world

Ambani s wealth increased 24 per cent on a year-on-year basis on the back of a surge in the value of energy-to-telecom giant RIL. ....

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India adds 40 billionaires in pandemic-stricken 2020; Adani, Ambani see rise in wealth

Updated: Tuesday, March 2, 2021, 17:06 [IST]
Mumbai, Mar 02: Forty Indians entered the billionaires club in the pandemic-stricken 2020 to take the number of those in the coveted list to 177 people, a report said on Tuesday.
Mukesh Ambani continued to be the wealthiest Indian with a networth of USD 83 billion. The head of Reliance Industries witnessed a 24 per cent jump in fortunes and climbed up one spot to be the eighth richest globally, as per the Hurun Global Rich List.
Gautam Adani from Gujarat, who has had a spectacular rise in fortunes in the last few years, saw his wealth almost doubling to USD 32 billion in 2020 and climbed 20 places to be the 48th richest person globally and the second wealthiest Indian. His brother Vinod s wealth grew 128 per cent to USD 9.8 billion. ....

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Meet Jay Chaudhry, the man who studied under a tree in Himachal to become one of the world's top billionaires today

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Meet Jay Chaudhry, the man who studied under a tree in Himachal to become one of the world’s top billionaires today
Meet Jay Chaudhry, the man who studied under a tree in Himachal to become one of the world’s top billionaires today
Sanchita DashMar 3, 2021, 09:03 IST
Jay ChaudhryZscaler
Jay Chaudhry and his family own 45% of the Nasdaq listed ZScaler, which is today worth $28 billion.
According to the Hurun Global Rich List 2021, Chaudhry saw his estimated net worth grow by 271% last year to $13 billion.
The Indian American Chaudhry grew up in a Himalayan village called Panoh, in the Una district of Himachal Pradesh.The 62-year old Jay Chaudhry, the owner of the cybersecurity firm Zscaler, has climbed 577 spots in Hurun Global Rich list 2021, and has also made his way into being one of India’s top ten richest. ....

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Businesspeople spend big money to get back to nature

Businesspeople spend big money to get back to nature
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01/03/2021

09:09
GMT+7
After a period of working hard and making large fortunes, many businesspeople have chosen to leave the market and get back to nature where they can lead quiet lives.
Growing vegetables, raising fish and living in peace
Nguyen Hoang Nam in Ba Dinh district in Hanoi had never thought of leaving the capital city, where he had been living for 50 years, until he took a trekking tour on a motorbike to the highlands.
During the trip, Nam discovered the quietness in the mountains and forests, and the wonderful environment with pristine nature and fresh air. ....

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