Information Madness

"Global Meltdown" what they call it the current financial situation through out the world is squeezing everyone's pockets and budget. Forclosures, bankrupcys and selloffs. In this Global Meltdown, Lakshmi Mittal who was reported to be the 4th wealthiest person in the world, and the wealthiest in Asia is now loosing 7 million pounds per hour.

Mittal, who owns some of London's finest homes, including two in Kensington Palace Gardens, has seen the value of the shares he and his family hold crash from pound 33.24 billion in June this year to pound 11.82 billion.

Over the last four months, he has lost the equivalent of nearly pound 180 million a day or some seven million pounds an hour," London's newspaper Evening Standard said in a report published online on Thursday.

Interesting!! Sometimes it makes me wonder whether being the world's richest person is a good thing or bad thing? People like you and me don't have to worry about lossing millions of dollars every hour..

via: Rediff