Showing posts with label Biography. Show all posts
Showing posts with label Biography. Show all posts

1/14/2011

Rakesh Jhunjhunwala Biography


Rakesh Jhunjhunwala Biography, Rakesh Jhunjhunwala portfolio, Rakesh Jhunjhunwala portfolio, Rakesh Jhunjhunwala Net Worth.

Rakesh Jhunjhunwala is an Indian Investor and trader, living in Mumbai, India. In 2010 Fobers has estimated his net worth to be $ 1.1 Billion.
He is a famous equity investor in India and manages his own portfolio as a partner in his asset management firm, Rare Enterprises. By profession he is Charted Accountant.

The name RARE Enterprise comes from first two letters of his and his wife name i.e. Rakesh and Rekha.

Jhunjhunwala is living in Malabar Hill and works from his office at Nariman Point in South Mumbai.

Rakesh Jhunjhunwala is a son of Income tax officer; while he was in Sydenham College he got involved in stock market and made it his full time profession, soon after completion of college he started his career in stock market with $100 in 1985 when BSE Sensex was at 150. He made his first big profit of Rs 0.5 million in 1986 when he sold 5,000 shares of Tata Tea at a price of Rs 143 which he had purchased for Rs 43 a share just 3 months prior. Between 1986 and 1989 he earned Rs 20-25 lakhs. His first major successful bet was iron ore mining company Sesa Goa. He bought 4 lakh shares of Sesa Goa in forward trading, worth Rs 1 crore and sold about 2-2.5 lakh shares at Rs 60-65 and another 1 lakh at Rs 150-175. The prices then went up to Rs 2200 and he sold some shares.

But he credits Madhu Dandavate's Union budget of 1990 as the inflection point for his investing career which quintupled his net worth.

Under the guidance of Mr Radhakrishna Damani, he made a lot of money shorting stocks at the time of Harshad Mehta scam post 1992.

He is a long term investor.

Rakesh stock pick is religiously followed by many investors and it remain hot subject of debate and Analysis.

Jhunjhunwala is the Chairman of Aptech Limited and Hungama Digital Media Entertainment Pvt. Ltd and also sits on the Board of Directors of various Indian listed/ unlisted companies like Prime Focus Limited, Geojit BNP Paribas Financial Services Limited, Bilcare Limited, Praj Industries Limited, Provogue India Limited, Concord Biotech Limited, Innovasynth Technologies (I) Limited, Mid Day Multimedia Limited, Nagarjuna Construction Company Limited, Viceroy Hotels Limited, CRISIL & Tops Security Limited.

12/28/2010

Julian Assange Net Wealth



Julian Assange Net Wealth

In an interview with Sunday Times Julian Assange founder of wikileaks has agreed to write a autobiography which will net him 1 million Pound ($1.3 million).

He said on Sunday in an interview with the Sunday Times that the money will help him defend allegations of sexual assault of two women in Sweden.
He said, “I don’t want to write this book, but I have to.” “The money of about $1.5 million would be used to clash against the allegations. I have spent the sum of 200,000 pounds for legal costs and I have to defend myself.”
The contract with the Alfred A. Knopf, his American publisher, will give an amount of $800,000 dollars and he would receive worth 325,000 pounds, from a British deal with Canongate.

12/22/2010

Julian Assange Net Worth, Biography


We cannot find out what is Julain Assange Net Worth.

Julian Assange Net Wealth

Julian Assange Biography

Julian Assange was born on 3 July 1971 in Townsville, Queensland, Australia.

Assange is an Australian journalist, publisher, and Internet activist. He is the spokesperson and editor in chief for WikiLeaks which was founded in 2006.

He has worked as a computer programmer and was a hacker during his youth. He has lived in several countries, and has made occasional public appearances to speak about freedom of the press, censorship, and investigative journalism.

He has published material about extrajudicial killings in Kenya, toxic waste dumping in Africa, Church of Scientology manuals, Guantanamo Bay procedures, and banks such as Kaupthing and Julius Baer. In 2010, he published classified details about US involvement in the wars in Afghanistan and Iraq. On 28 November 2010, WikiLeaks and its five media partners began publishing secret US diplomatic cables

In 1987, after turning 16, Assange began hacking under the name "Mendax". He and two other hackers joined to form a group which they named the International Subversives. Assange has wrote some rule regarding hacking which were “Don’t damage computer systems you break into (including crashing them); don’t change the information in those systems (except for altering logs to cover your tracks); and share information” In 1992, he pleaded guilty to 24 charges of hacking and was released on bond for good conduct after being fined AU$ 2100

In response to the hacking, the Australian Federal Police raided his Melbourne home in 1991. He was reported to have accessed computers belonging to an Australian university, the Canadian telecommunications company Nortel, , the USAF 7th Command Group in the Pentagon and other organizations, via modem.

In 1993, Assange was involved in starting one of the first public internet service providers in Australia, Suburbia Public Access Network. Starting in 1994, Assange lived in Melbourne as a programmer and a developer of free software

From 2003 to 2006, Assange studied physics and mathematics at the University of Melbourne. He has also studied philosophy and neuroscience. He never graduated and received the minimum passing grades in most of his math courses.