SALARY PER MINUTE ???

[H0nest_L0ver]

In a minute you spend to send an SMS, J K Rowling makes around 77 pounds (Rs 6,517). How much do some of our big names make per minute? Mumbai Mirror finds out...


Shah Rukh Khan
What: Actor
How much: Rs 247 per minute

The King Khan, who started off modestly as a 'Fauji', made about Rs 13 crore last year. This included his endorsement deals for Pepsi, Hyundai Santro - and of course, wetting himself in a bathtub, surrounded by women
for HLL's Lux. How much per minute?


Brij Mohan Lall Munjal
What: Chief of Hero Group
How much: Rs 255 per minute

The patriarch of the Hero Group received the Life-time achievement award for 'Excellence in Corporate Governance' by the Institute of Company Secretary of India this year. Brij Mohan Lall Munjal earned about Rs 13.4 crore last year. He continues to be the world's largest motorcycle manufacturer and fuels his bank balance with Rs 255 per minute.


Sachin Tendulkar
What: Cricketer
How much: Rs 1,163 per minute

India's most loved sportsman makes a lot more than most CEOs of Indian companies; going by his annual remuneration for 2004-2005. Breaking it down, his three-year contract for endorsements is worth Rs 180 crores. He is also paid Rs 2,35,000 for a five-day test match and Rs 2,50,000 for one dayers.

A little bit of elementary math: This highest paid cricketer in the world makes around Rs 61.15 crore a year, or Rs 1,163 per minute

Dr A P J ABDUL Kalam
What: President of India
How much: Rs 1.14 per minute

Before taking on the reins of this country, Dr A P J Kalam played a leading role in the development of India's missile and nuclear weapons programmes - so much so - that he's fondly referred to as the 'Missile Man'. In the
early 1990s, he served as scientific adviser to the government, and his prominent role in India's 1998 nuclear weapons tests established Kalam as a national hero. For all his work in his present capacity as President of the
world's largest democracy, Kalam draws an annual remuneration of Rs 6,00,000 or Rs 1.14 per minute.


Mukesh Ambani
What: CMD of Reliance Industries Ltd
How much: Rs 413 per minute

Head honcho of the $16.5 billion Reliance Industries Limited, Mukesh Ambani was ranked the world's 56th richest man in Forbe's list. But since this is only about salaries (and the like), we'll completely ignore his other earnings. Last year, Mr Ambani earned Rs 21.72 crore; a neat growth of 87 per cent over his previous year's earnings. He makes not less than Rs 413 per minute.


Amitabh Bachchan
What: Actor
How much: Rs 361 per minute

Kaun Banega Crorepati? Apparently, Mr Bachchan! With more endorsements and film releases per year than successful actors half his age, Bachchan's take-home last year was around Rs 19 crore - that's Rs 361 per minute.


Dr Manmohan Singh
What: Prime Minister of India
How much: Rs 0.57 per minute

An economist by profession, Dr Singh has formerly served in the International Monetary Fund. His economics education included an undergraduate and a master's degree from Punjab University; an undergraduate degree from Cambridge; and a doctorate from Oxford University One of the most educated Indian prime ministers in history, Singh also served as the finance minister under prime minister Narasimha Rao. In his present capacity, Singh is paid Rs 3,60,000 annually, i.e. Rs 0.57 per minute.


Indra Nooyi
What: New Pepsi Chief
How much: Rs 2,911 per minute (from October 11)

Chennai-born 50-year-old Indra Nooyi was the Chief Financial Officer (CFO) of PepsiCo, the US-based soft drink major. In that capacity, her remuneration stood at $5 million (over Rs 23 crore). With her promotion this year, Nooyi becomes one of the highest paid CEOs in the world, with an announced remuneration of $33 million (approximately Rs 153 crores). This means Nooyi makes a whopping Rs 2,911 per minute.

[munda_wakhre_type_da]

sade dhane nu jo maan ijjat mildi aa har skint ch us age eh paisa ta kuch v ni ..

har skint kite na kite dhane nu koi gaal ya jaleel kar rea hunda.. koi kend ahai k bada kuta banda hai.. koi kenda pata ni kado sanu paise modun ,koi kenda ageo ni dhane nu bulana ghare agla chamche kaulia hi chak lejanda...

ina maan satkaaar taaa ina paisea age kuch v ni

kuon dhane

[jƆï_gRå¢È£µL...]

le das manmohan sungh te kalam pm te prsdnt banan naalo crikt crukt sikh lende aven sara din godde ragar de aa ........................

me vi soch ri kuch es vishee te........

[Aashi_Sekhon]

Originally Posted by jƆï_gRå¢È£µL... le das manmohan sungh te kalam pm te prsdnt banan naalo crikt crukt sikh lende aven sara din godde ragar de aa ........................ me vi soch ri kuch es vishee te........

theek keha tusi

[shudai_dil]

Originally Posted by aashi_sekhon theek keha tusi

theek nahi bahut galat keha os ne kalam te manmohan singh warge chahon ta lakho kama lain minta vich , par paisa he sab kuj nahi hunda ohna warge shayad hale india vich haige kuj jina sahare eh desh chalda......................

[schizo]

wow!! cool ...interesting info...

i too calculated how much i make in a minute and it made me realise i have such a long way to go.....

[jƆï_gRå¢È£µL...]

shudai_dil ji v know its nt aleways money..................
v jus kidin here ...........

[shudai_dil]

jatti ji chalo fer kalam te manmohan singh warge bano
par oh dono male ne ......

[Rowdy Roddy Piper]

Oh cool infos there.. U know what ? I saw a dream last night.. I am being honoured and Manmohan Singh and Kalaam are honouring me right on a very big function.. Wotta dream.

But you know what now?... I dont want to be honoured by those low earning people, Dream Cancelled

[H0nest_L0ver]

Originally Posted by Beebo Bua Oh cool infos there.. U know what ? I saw a dream last night.. I am being honoured and Manmohan Singh and Kalaam are honouring me right on a very big function.. Wotta dream. But you know what now?... I dont want to be honoured by those low earning people, Dream Cancelled

verey funny !!!!

[Brar_on_Bullet]

i think u forgot bill gates lol

[jƆï_gRå¢È£µL...]

brar us nu tusi defeat karo

[H0nest_L0ver]

Originally Posted by Brar_on_Bullet i think u forgot bill gates lol

ah lo bill gate veere !!!!!


Wealth Distribution Statisticsxx
Wealth Distribution Statistics
1999

As reported by the United Nations Development Program

posted by Charles Mueller, moderator of Mueller's Poverty of Nations List (poverty-nations-subscribe@egroups.com)

• The United Nations Development Program (UNDP) reported in 1998 that the world's 225 richest people now have a combined wealth of $1 trillion. That's equal to the combined annual income of the world's 2.5 billion poorests people.

• The wealth of the three most well-to-do individuals now exceeds the combined GDP of the 48 least developed countries.
• While global GNP grew 40 percent between 1970 and 1985 (suggesting widening prosperity), the number of poor grew by 17 percent.
• Although 200 million people saw their incomes fall between 1965 and 1980, more than 1 billion people experienced a drop from 1980 to 1993.
• In sub-Saharan Africa, twenty nations remain below their per capita incomes of two decades ago while among Latin American and Caribbean countries, eighteen are below their per capita incomes of ten years ago.
• UNDP reported in 1996 that 100 countries were worse off than 15 years ago.
• Three decades ago, the people in well-to-do countries were 30 times better off than those in countries where the poorest 20 percent of the world's people live. By 1998, this gap had widened to 82 times (up from 61 times since 1996).
• In 1998, that 20 percent of the world's people living in the highest-income countries accounted for 86 percent of total private consumption expenditures while the poorest 20 percent accounted for only 1.3 percent. That's down from 2.3 percent three decades ago.
• At present, 3 billion people live on less than $2 per day while 1.3 billion get by on less than $1 per day. Seventy percent of those living on less than $1 per day are women. With global population expanding 80 million per year, World Bank President James D. Wolfensohn cautions that, unless we address "the challenge of inclusion," 30 years hence we will have 5 billion people living on less than $2 per day.
• Two billion people worldwide now suffer from anemia, including 55 million in industrial countries. Given current trends in population growth and prosperity-hoarding, three decades from now we could have a world in which 3.7 billion people are anemic.
• These related phenomena led UN development experts to observe that the world is heading toward "grotesque inequalities," concluding: "Development that perpetuates today's inequalities is neither sustainable nor worth sustaining."
• UNDP calculates that an annual 4 percent levy on the world's 225 most well-to-do people (average 1998 wealth: $4.5 billion) would suffice to provide the following essentials for all those in developing countries: adequate food, safe water and sanitation, basic education, basic health care and reproductive health care. At present, 160 of those individuals live in OECD countries; 60 reside in the United States.
• As of 1995 (the latest figures available), Federal Reserve research found that the wealth of the top one percent of Americans is greater than that of the bottom 95 percent. Three years earlier, the Fed's Survey of Consumer Finance found that the top one percent had wealth greater than the bottom 90 percent.
• From 1983-1995 only the top five percent of households saw an increase in their net worth while only the top 20 percent experienced an increase in their income.
• Wealth projections through 1997 suggest that 86 percent of stock market gains between 1989 and 1997 went to the top ten percent of households while 42 percent went to the most well-to-do one percent.
• Stock market participation is broad but remarkably shallow. Though more American adults own stocks and stock mutual funds than at any time in history, 71 percent of households own no shares at all or hold less than $2,000, including mutual funds and popular 401(k) plans.
• Adjusting for inflation, the net worth of the median American household fell 10 percent between 1989 and 1997, declining from $54,600 to $49,900. The net worth of the top one percent is now 2.4 times the combined wealth of the poorest 80 percent.
• The modest net worth of white families is 8 times that of African-Americans and 12 times that of Hispanics. The median financial wealth of African-Americans (net worth less home equity) is $200 (one percent of the $18,000 for whites) while that of Hispanics is zero.
• Between 1983 and 1995, the bottom 40 percent of households lost 80 percent of their net worth. The middle fifth lost 11 percent. By 1995, 18.5 percent of households had zero or negative net worth (an average -$5,600, down from -$3,000 in 1983).
• By 1995, the middle quintile of income-earners had only enough savings to maintain their current standard of living for 1.2 months (i.e., if they lost their jobs). That's down from 3.6 months in 1989.
• Household debt as a percentage of personal income rose from 58 percent in 1973 to an estimated 85 percent in 1997.
• In 1997, 1.4 million Americans filed for personal bankruptcy. That works out to roughly 7,000 bankruptcies per hour, 8 hours a day, 5 days a week.
• Though average household income rose 10 percent between 1979 and 1994, 97 percent of that gain was claimed by the most well-to-do 20 percent.
• In 1998, weekly wages were 12 percent lower than in 1973 on an inflation-adjusted basis. Productivity rose 33 percent over that perioo. Had pay kept pace with productivity, the average hourly wage would now be $18.10, rather than $12.77. That translates into a difference in annual pay of $11,000 for a full-time, year-round worker.
• Between 1970 and 1990, the typical American worked an additional 163 hours per year. That's equivalent to adding an additional month of work per year - for the same or less pay.
• In 1996, the Census Bureau reported record-level inequality, with the top fifth of U.S. households claiming 48.2 percent of national income while the bottom fifth gets by on 3.6 percent.
• In 1973, the income of the top 20 percent of American families was 7.5 times that of the bottom 20 percent. By 1996, it was 13 times.
• Business Week reports that in 1999 top executives earned 419 times the average wage of a blue-collar worker, up from 326:1 in 1998. In 1980, the ratio was 42:1.
• In 1982, inclusion on the Forbes 400 list of richest Americans required personal wealth of $91million. The list then included 13 billionaires. By 1998, $500 million was required and the list included 189 billionaires. Note, however, that Forbes 1998 figures were based on a September 1, 1998 Dow-Jones Industrial Average of 7827. The Dow topped 10,000 in early 1999.