We take great pride in showboating as "Main Gareeb Hoon". 
  
 Narayan Murthy was also operating at Infosys at a ₹1 salary for a long time, as was his son who was his EA.

Consultant

Sales Manager

I hope neither the salary nor wealth is in CRED coins. 😤

Software Engineer

Growth And Strategy

And then he reimburses all his expenses (personal and professional) from he company. Old trick.

Senior Consultant

Founder

Irrelevance is bigger pain when you hit such pinnacles!

Product Manager

Software Developer

This seems to be a way for the Founders wanting to save income tax.  
 More thoughts?

Sales

A yes, The I take loans at a 7% interest to fund my lifestyle then pay 40% tax rate like all you poor people.

Business Analyst

Security Analyst

Freecharge Acquisition was the biggest scam ever. Bahl and Bansal were taken for rides ,😬😄

Growth Manager

Support Specialist

Web Developer

Did you know? My salary is 15k but I have 15kCr wealth 😒

Did you know? My salary is 15k but I have 15kCr wealth 😒- Grapevine

Welcome to Personal Finance's Private Community

The last I saw, to be in top 1% individual in terms of wealth, you needed to have assets worth $77k. This is from news article of 2020. Sharing link here - 
https://timesofindia.indiatimes.com/business/india-business/this-is-what-it-takes-to-be-in-the-1-around-the-world/articleshow/74057315.cms

Now, based on new data, you need to have assets of around $175k. Approx 150% rise in 3 yrs! Link for the same -
https://www.moneycontrol.com/news/business/real-estate/indias-ultra-wealthy-population-to-surge-58-4-in-next-five-years-knight-frank-10605531.html


Is anyone here in top 1%?

What it takes to be in Top 1% of India

For those who are planning for FIRE. Share your-

1) FIRE net worth
2) Target age to achieve FIRE
3) Current age and YOE
4) Current network

FIRE

Welcome to Indian Startups's Private Community

Today I learned: Kunal Shah only draws a 15K salary 👏🏻

UX/UI Designer

Okay, this post is not for any comparison but genuinely want to get insight on where do i stand in terms of saving among the corporate employees. 
I will go first. 
Age :28
NW : 65L

What's your net worth?

5.75 crore including flat . Not including car or jewellery. No loans or emis or debt of any kind . Age 41

Program Manager

1. Real estate (invested value)
2. Liquid cash
3. Other Investments (invested value)

The wealth should not be inherited.

I'm 30. No house, 10L in cash and 5L in mutual funds. No inherited weath.

How much wealth have you created yourself?

Seeing the comment section,I realise I am broke.

Frontend Engineer

So many folks are speaking out (or bragging who knows🤷) about their monthly/yearly paychecks. Just curious, for all single folks who are receiving a hefty wad of cash every month:

1. what do your general expenses look like?
2. what do you like to spend it on the most?

Here's my monthly breakdown(jab hum employed hua karte the🥲):

rent(coliving PG)- 12k
transport- avg. 1.5k
food- avg 7k
gym & stuff- 7k
parties- 5k
misc- 2k
TOTAL- 34.5k out of 80k in-hand

Apart from the general expenses, once in a while, I'll indulge in buying a good perfume of around 5-6k. 

The 2 most costly purchases I made were a new laptop(asus vivobook)- 50k & prs electric guitar & accessories- 82k

What about you?

What do you like to spend your money on?

Mention your total investments (Stocks, MFs, FDs, Cryptos, real-estate, gold etc) and your total net worth (investment assets' current value + hard cash + bank account balance) and also your age.

PS: Don't include paper money / ESOPs

Mine:
 28L in stocks, 5L in cash, 1L in gold (bought it for mom) :P, no crypto
Age:28

What is your net worth (Mega 🧵)

Operations Analytics

Welcome to News Discussion's Private Community

- Reliance Industries might spin off its telecom arm Jio for a public listing as early as 2025, according to Jefferies.
- Investors prefer a spinoff over an IPO due to concerns about the holding company discount in the Indian market.
- Jio, with over 475 million subscribers, was valued at $58 billion pre-money in 2020 and could be valued at $112 billion in a public listing.
- A spinoff would reduce Reliance's controlling stake in Jio from 66.3% to 33.3%, potentially leading to a more accurate valuation.
- The success of Jio Financial Services' spinoff last year could serve as a model for Jio's potential listing, with analysts projecting a 7-15% upside for Reliance's stock.

Source: Techcrunch

Reliance May List Jio at $112 Billion Valuation Next Year, Jefferies Says

Journalist

I am 26 years old and just reached 75 lakhs net worth and 0 loans. I have a 15 lakh car which I paid in cash for. I also recently got a job that will increase this significantly in the next 2 years with more than 80 LPA CTC.

But I don't know what to do with this money. Yes I have invested a lot but I don't feel like buying a house or anything. It feels like money is increasing but what's the point. I already live a happy life living in a rented 1 BHK in a good society. Should I buy a house just for the sake of buying it?

75 lakhs NW 26 YO

Data engineer

1 Cr net worth in Bangalore; Ask me anything

People who are not software engineers or founders, how do you make more than 2 lakhs/month?

Account Manager

Welcome to Office Gossip's Private Community

Has your maid ever asked your salary? If yes how did you respond?

Just saw this screenshot showing how many salaried and business people contribute to ITR

All points aside ,who are these 15-16 people who have 100 cr+ salaries 
Mind blown!!!!😳

Did you know? My salary is 15k but I have 15kCr wealth 😒

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