Thursday 12 July 2012

How the richest people got so rich

Read this article and then answer the following questions:

1. What is the main source of richness in America according to the article?
2. How much did the top 400 richest person make in 2007 and what is its equivalent in lei?
3. What is the trend regarding the American average income?
4. What are the best paid positions?
5. Listen to the presentation and express your opinion on secret habits of healthiest Americans?


6.What are the richest people in Romania according to statistics?
7. What business are they in?

7 comments:

  1. 1. The article claims that the mail source of richness in U.S.A. is not from wages, but from investments.
    2. $138 million, wich in lei is aproximately 480 million
    3. trusting your gut, never stop looking for the million dollar idea, enjoy you money, prioritize retirement, cultivate self-worth
    4. Executives, managers, and supervisors at nonfinancial firms
    5. and 6. Richest men in Romania are investors in different fields, like energy, real estate and media

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  2. 1. According to the article the main source of richness in U.S.A are investments.
    2. In 2007 the top 400 richest person made $138 million. That means 484 million in lei.
    3. The trend regarding the average income in America according to that video is few secrets like trusting your guts, never stop looking for the million dollar idea, enjoy your money, cultivate self-worth and prioritize retirement.
    4. The best paid positions are executives, managers, supervisors, lawyers and doctors.
    5. In my opinion these secrets habits are not secrets, they should be advices for any of us, and those people should be an exemple for anyone who wants at least a decent life.
    6. According to statistics the richest people in Romania are: 1. Dinu Patriciu - 2,2 billion euro
    2. Ioan Niculae - 1,2 billion euro
    3. Ion Tiriac - 850-900 million euro
    4. Gabriel Popoviciu - 600-650 million euro
    5. Emil si Marius Cristescu - 600 million euro
    7. Business they are involved in are business with oil, factories of cereals, real estatements and sports.

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  3. 1.The main source of richness in America according to the article are the investments. I’ve just read the book ”How to Get Rich” by Donald Trump and others like “Rich Woman” by Kim Kiyosaki and “Why We Want You to Be Rich: Two Men, One Message” by Donald Trump and Robert Kiyosaki. These books present their business and how they started it. They are also interested in investments.
    2.The Top 400 richest person make in 2007, did $138 million, which is 480 million in lei.
    3.As it is said in this video, the trend regarding the average income in America are trusting your guts, never stop looking for the million dollar idea, enjoy your money, prioritize retirement and cultivate self-worth.
    4.The best paid positions are executive managers, supervisors and non-financial firms.
    5.I think that these secret habits of healthiest Americans should be known by all people because these are some of the lots of the principles of a healthy life. Firstly, you should think like a healthy man and you should risk even if you have great plans.
    6.The richest people in Romania according to the statistics are: Dinu Patriciu, Ioan Niculae, Ion Tiriac.
    7.The business they are involved are: real estatements, oil and sport.

    ReplyDelete
  4. 1. The main source of richness in America according to the article are the investments.
    2. In 2007, the 400th richest person in America made $138 million, which means about 464 million lei.
    3. The trend regarding the American average income are trusting your guts, never stop looking for the million dollar idea, enjoy your money, prioritize retirement and cultivate self-worth.
    4. Best paid positions: executives, managers, financiers, lawyers and doctors.
    5. I think these secrets should be more discussed and introduced in many books so people can easily find them and understand them. It`s important to understand what you need to do for a better life and start doing that. The best part is that you have the choice to live a better life and you should take advantage of this.
    6. The reachest people in Romania are Ioan Niculae, Frank Timis, Dinu Patriciu, Ion Tiriac.
    7. The business they are involved in: agriculture, tourism, energy, sports.

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  5. 1. The real runaway growth in wealth has come from capital gains. The "Fortunate 400" made nearly half their income from capital gains (investments).
    2. In 2007, the 400th richest person in America made 138 million dollar, which is about 449,8 million lei (according to Jan. exchange rates).
    3. The average income of a top 400 earner grew by 650% between 1992 and 2007. Over that time, the average salary didn't even double.
    4. Financiers; executives, managers, and supervisors at non-financial firms; next came the positions from law, medicine or real estate fields.
    5. Enumerating them, I would mention of always keeping your eyes open for that one million dollar idea, trusting your guts, dividing your money in 50% investments and 50% in spending them for fun (to enjoy life, also), the self-talking, which can give you confidence, etc.
    All of these are good examples of positive thinking and self-appreciation- a great way to send to the universe the things that you want!
    6. Ioan Niculae- with an estimated worth EUR 1- 1,1 thousand million.
    Frank Timis- with an estimated worth EUR 1,7- 1,75 thousand million.
    Dinu Patriciu- with an estimated worth EUR 800- 900 million.
    Ion Tiriac- with an estimated worth EUR 850- 900 million.
    7. Domestic market, agro-industrial and financial groups, mining and oil extraction industries, entrepreneurs in real estate, sports, finances, investments, etc.

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  6. 2.The 400th richest person in America made $138 million in 2007,this is an equivalent of 450818400.00 RON with an exchange rate of 3.27 RON/$
    1.Main source o richness is investment
    3. The trends regarding the average income in America are few secrets like trusting your guts, never stop looking for the million dollar idea, enjoy your money, cultivate self-worth and prioritize retirement.
    4.Best paid position according to the article is executive,after this are managers, and supervisors at non-financial firms.
    5.
    6.According to the statistics richest persons in Romania are: George Becali with 2.5 billions EUR,Ion Tiriac with 2.4 billions EUR and Dinu Patriciu with 2.1 billions EUR.
    7.They made fortune making numerous businesses and investments in: retail, insurance, auto leasing, auto dealerships, airlines,oil,sports etc.

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  7. 7. The brothers Marius and Emil Cristescu, Marius - 40 years, Emil - 41 years with 600 million euros invested in Real Estate and construction, industry, trade and tourism in Timisoara. Cristescu brothers are the owners of an empire that is growing and that recorded in 2008 a turnover of over 200 million euros. Their strategy is simple and efficient: invested little, but in several fields, exposed to a reduced risk.

    ReplyDelete