Amitabh- from $250,000 to a staggering $17.5 million,

[yaman]

n 2015, Amitabh and his son Abhishek Bachchan had invested $250,000 (approximately Rs 1.57 crore), their first significant equity investment, in a Singaporean firm–Meridian Tech Pte Limited. Although the company was not very well known, it shot to limelight last week when Meridian’s prime asset Ziddu.com was acquired by another Meenavalli-backed overseas company LongFin Corp just two days after the latter’s listing on NASDAQ.

Soon after it was announced that Ziddu.com was acquired, LongFin Corp’s stocks witnessed a surge of over 2500 percent last week, which resulted in the Bachchan’s receiving a mammoth 250,000 shares of LongFin. “In lieu of their holding in Meridian Tech, Bachchans received 250,000 shares of LongFin following the asset purchase,” Meenavalli was quoted as saying by The Economic Times.

 

In layman’s terms, Bachchan’s holding in the company is now valued at $17.5 million (approximately Rs 112 crore) after  Monday’s LongFin stock price of $70 a share. That is an approximate jump from Rs 1.6 crore to 112 crore in two and a half years.

 

[uttermost]

lol. what's the big deal?

[Piracy Raja]

[evadra_rowdy]

They did same in Justdial.emayindo telvadu result

[idibezwada]

literally vadi assestlo ee 1-2% invest chesadu..wrkout ayindi...endi mee hadavudi...you can do the same with megamillion noo

[Bhai]

37 minutes ago, Piracy Raja said:

[idibezwada]

19 minutes ago, evadra_rowdy said:

They did same in Justdial.emayindo telvadu result

justdial is a super hit model man..last time india triplo AC repairki danlo book chesa....vachina technician chepte mind block ayindi...justdail will charge them 20k per year anta...ekkuva kada ante yaa but dani nunche naku 1Lakh business vastadi monthki annadu...

[Quickgun_murugan]

[princeofheaven]

4 hours ago, yaman said:

n 2015, Amitabh and his son Abhishek Bachchan had invested $250,000 (approximately Rs 1.57 crore), their first significant equity investment, in a Singaporean firm–Meridian Tech Pte Limited. Although the company was not very well known, it shot to limelight last week when Meridian’s prime asset Ziddu.com was acquired by another Meenavalli-backed overseas company LongFin Corp just two days after the latter’s listing on NASDAQ.

Soon after it was announced that Ziddu.com was acquired, LongFin Corp’s stocks witnessed a surge of over 2500 percent last week, which resulted in the Bachchan’s receiving a mammoth 250,000 shares of LongFin. “In lieu of their holding in Meridian Tech, Bachchans received 250,000 shares of LongFin following the asset purchase,” Meenavalli was quoted as saying by The Economic Times.

 

In layman’s terms, Bachchan’s holding in the company is now valued at $17.5 million (approximately Rs 112 crore) after  Monday’s LongFin stock price of $70 a share. That is an approximate jump from Rs 1.6 crore to 112 crore in two and a half years.

 

Bacchan sr waiter ki iche tip $250k