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Net Worth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net worth can also be conveniently expressed as non-financial assets plus net financial assets. It can apply to companies, individuals, governments or economic sectors such as the sector of financial corporations or to entire countries. By entity Calculation Net worth is a combination of financial assets and liabilities. The financial assets that contribute to net worth are homes, vehicles, various types of bank accounts, money market accounts, and stocks and bonds. The liabilities are financial obligations such as loans, mortgage, accounts payable (AP) that deplete resources. Companies Net worth in business is also referred to as equity. It is generally based on the value of all assets and liabilities at the carrying value which is th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aditya Birla Group
Aditya Birla Group is an Indian multinational conglomerate, headquartered in Mumbai. It operates in 100 countries with more than 1,40,000 employees directly and indirectly. The group was founded by Seth Shiv Narayan Birla in 1857. The group has interests in viscose staple fibre, metals, cement (largest in India), viscose filament yarn, branded apparel, carbon black, chemicals, fertilisers, insulators, financial services and telecom. History It is one of India's largest corporate houses operating in 26 countries – India, Germany, the United Kingdom, Brazil, Italy, Hungary, United States, Canada, France, Australia, Egypt, Luxembourg, Philippines, the United Arab Emirates, Switzerland, Singapore, Myanmar, China, Thailand, Laos, Bangladesh, Indonesia, Malaysia, Bahrain, Vietnam and South Korea. The company is majorly engaged in the business of non-ferrous metals, viscose filament yarn, viscose staple fiber, cement, fertilizers, chemicals, branded apparel, carbon black, sponge ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lists Of People By Wealth
A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby union club Other uses * Angle of list, the leaning to either port or starboard of a ship * List (information), an ordered collection of pieces of information ** List (abstract data type), a method to organize data in computer science * List on Sylt, previously called List, the northernmost village in Germany, on the island of Sylt * ''List'', an alternative term for ''roll'' in flight dynamics * To ''list'' a building, etc., in the UK it means to designate it a listed building that may not be altered without permission * Lists (jousting), the barriers used to designate the tournament area where medieval knights jousted * ''The Book of Lists'', an American series of books with unusual lists See also * The List (other) * Listing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Distilleries Company Of Sri Lanka PLC
Distilleries Company of Sri Lanka PLC (DCSL) is a diversified Sri Lankan conglomerate listed on the Colombo Stock Exchange with a market capitalisation of US$600 Million. It was one of the first Sri Lankan companies to be listed in Forbes's Best Managed companies under a USD billion (outside USA). The company has also been featured in business magazine Business Today as one of its Top 10 listed companies in Sri Lanka.Business Today ''Top 10, financial year 2005 - 2006'' History Under State ownership (1917–1992) It was established in 1917 as the liquor producing division of the Excise Department of Ceylon. In 1 ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harry Jayawardena
Don Harold Stassen Jayawardena (born 17 August 1942 in Ja-Ela, Sri Lanka), known as Harry Jayawardena, is a Sri Lankan industrialist. He is chairman of Melstacorp PLC and is the Honorary Consul General for Denmark in Sri Lanka. Forbes listed him as one of the richest people in Sri Lanka. Early career Jayawardena first joined a British-owned tea export firm in Colombo as a tea trader. He moved to government-owned State Trading Corporation (Consolidated Exports), better known as Consolexpo Ltd, becoming the head of the Tea Department, which controlled the monopoly of tea exports of Sri Lanka under the administration of Prime Minister Sirima Bandaranaike in the 1970s. Private sector After resigning from Consolidated Exports, Jayawardena founded Stassen Exports Limited on 7 September 1977 in order to export Ceylon Tea. In 1988 Jayawardena's companies became a significant shareholder of the country's largest private commercial bank, Hatton National Bank. These companies later ve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vallibel One
Vallibel One PLC is one of Sri Lanka's largest conglomerate companies. The company controls a chain of subsidiaries and listed on the Colombo Stock Exchange since 2011. The company has controlling stakes in LB Finance, Royal Ceramics Lanka, and Delmege Group. The company was included in S&P Sri Lanka 20 Index in 2018. Vallibel One is one of the ''LMD'' 100 companies in Sri Lanka. History The Vallibel One PLC was founded by Sri Lanka business tycoon Dhammika Perera in 2010. In 2010, the company acquired Royal Ceramics Lanka PLC, LB Finance PLC, and Greener Water Limited as its subsidiary companies and a stake in Sampath Bank as a long-term strategic investment. Royal Ceramics Lanka PLC was listed under Forbes “Asia’s Best Under a Billion” during the year. In 2011, Vallibel One PLC acquired Delmege Group, a highly diversified conglomerate. The company moved headquarters to a new 16-storey building in Kollupitiya. The company was awarded by ''LMD'' as the most respected ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dhammika Perera
Kulappu Arachchige Don Dhammika Perera, commonly known as Dhammika Perera (born December 28, 1967), is a Sri Lankan billionaire businessman and politician. A top corporate raider, he is one of the wealthiest people in Sri Lanka, controlling 23 listed companies on the Colombo Stocke Exchange. Perera owns a controlling stake in the conglomerates Hayleys and Vallibel One, a company he founded. Through Hayleys, Perera controls Amaya Leisure, The Kingsbury and Singer (Sri Lanka) while Royal Ceramics, LB Finance, and Lanka Tiles are controlled by Vallibel One. Perera has been closely linked to the former President Mahinda Rajapaksa, having served as chairman of the Board of Investment of Sri Lanka from 2007 to 2010 and Transport Secretary from 2011 to 2015. He was appointed a Member of Parliament in the National List in June 2022, succeeding Basil Rajapaksa from the Sri Lanka Podujana Peramuna, briefly serving President Gotabaya Rajapaksa as his Minister of Investment Promotion ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lupin Limited
Lupin Limited is an Indian multinational pharmaceutical company based in Mumbai. It is one of the largest generic pharmaceutical companies by revenue globally. The company's key focus areas include paediatrics, cardiovascular, anti-infectives, diabetology, asthma and anti-tuberculosis. History and evolution Lupin was founded in 1968 by Desh Bandhu Gupta, who was a professor of chemistry at BITS-Pilani, Rajasthan. Gupta moved to Mumbai in the 60s to work on his business enterprise for which initially he had borrowed Rs 5000 from his wife to fund his venture. Subsequent funding from Central Bank of India, the company was able to start their manufacturing facility for producing folic acid and iron tablets for Government of India mother and child health program. Later Lupin started manufacturing anti TB drugs which at one point formed 36% of the company sales and was considered as the largest TB drugs manufacturer in the world. After success with Lupin, in 1988 Gupta founded the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Desh Bandhu Gupta
Desh Bandhu Gupta (8 February 1938 – 26 June 2017) was an Indian billionaire, philanthropist, entrepreneur and the founder of Lupin Limited, a multinational pharmaceutical company. At the time of his death, his net worth was estimated at US$3.6 billion. Early life Gupta was born on 8 February 1938 in Rajgarh, Alwar, Rajasthan. He was the eldest of the five siblings. He earned a master's degree in chemistry from Bombay University. Career Gupta started his career as an associate professor at the Birla Institute of Technology and Science, Pilani, Rajasthan. He quit teaching and decided to be an entrepreneur as he was "not able to implement ideas into practice". He moved to Bombay (now Mumbai) and worked in a small British pharmaceutical manufacturing company. He founded Lupin in 1968 with a start-up capital of 5000 borrowing the money from his wife. The first office of Lupin was rented premises in Central Mumbai used for dispatching medicines. Later, with a loan of 8 lakh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bharti Enterprises
Bharti Enterprises is an Indian multinational conglomerate, headquartered in Delhi. It was founded in 1976 by Sunil Mittal. Bharti Enterprises owns businesses spanning across manufacturing, telecommunications, agribusiness, real estate, hospitality, agri and food. The group's flagship company, Bharti Airtel, is a telecom service provider with operations in more than 18 countries across Asia, North America, Africa & Europe. The company ranks amongst the top two mobile network operators globally in terms of subscribers. History The company was founded by Sunil Bharti Mittal with his two siblings in 1976. The company initially started manufacturing bicycles before diversifying into other sectors. It entered into telecommunications industry in 1995. Companies Bharti is present in many sectors with the largest revenue contribution coming from the telecom industry. Bharti Airtel Bharti Telecom (BTL), is a holding company of Bharti Airtel with Bharti Enterprises and Sin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sunil Mittal
Sunil Bharti Mittal (born 23 October 1957) is an Indian billionaire entrepreneur, philanthropist and the founder and chairperson of Bharti Enterprises, which has diversified interests in telecom, insurance, real estate, education, malls, hospitality, Agri and food besides other ventures. Bharti Airtel, the group's flagship company is one of the world's largest and India's largest telecom company with operations in 18 countries across Asia and Africa with a customer base of over 399 million. Bharti Airtel clocked revenues of over in FY2016. In 2022 he was ranked the 11th richest person in India by '' Forbes'', with an estimated net worth of . In 2007, he was awarded the Padma Bhushan, India's third highest civilian honor. On 15 June 2016, he was elected as Chairman of the International Chamber of Commerce. Early life Sunil Bharti Mittal was born in intercaste Agarwal-Khatri family. His ,father, Sat Paul Mittal, had been the Member of Parliament, Rajya Sabha (Indian Natio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kumar Mangalam Birla
Kumar Mangalam Birla (born 14 June 1967) is an Indian billionaire industrialist, philanthropist, Chartered Accountant and the chairman of the Aditya Birla Group, one of the largest global conglomerates in India. He is also the chancellor of the Birla Institute of Technology & Science, Pilani and Chairman of Indian Institute of Management Ahmedabad. According to Forbes, he has an estimated net worth of US$14 billion, as of 1 October 2022. Birla took over as chairman of the Aditya Birla Group in 1995, at the age of 28, following the death of his father Aditya Vikram Birla. During his tenure as chairman, the group's annual turnover has increased from US$2 Billion in 1995 to US$45 billion in 2021. Today, the group is present in 36 countries across six continents with over 50% of its revenues coming from overseas operations. Early life and education A fourth generation member of the Birla Family from Rajasthan, Kumar Birla was born in Kolkata and grew up in a joint family in Mu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
