Business ExTras

• Can We believe that the world's number 1 billionaire is not Bill Gates & one from developing world. Yes thats true currently the market valuation of Earstwhile World's No. 3 Mr. Carlos Slim of Mexico is more than Mr. Gates by around $ 5Bn.

• Mr. Carlos Slim alias Mr. Monopoly has wealth of $60 Bn US. Which currently makes him the wealthiest businessman of the globe!

• Also Have you heard of A Company being in FORTUNE 500 GLOBAL LIST and Still Making Losses! ??

• We might wonder how can they survive even while making losses. But the truth is even for survival during losses you need size & cash flows visible in Revenue to survive those tough times !

• Yes there are such companies and not a single company in Fortune 500 Global list declared for year 2007 which made losses in year 2006. There are 17 of them in total who made losses! yes losses!

Ranks & figures as on 2007 List

1. The first being Ford Motor Company - Rank 12 ; Year 2006 loss - $12.6 Billion
2. Vodafone (World No. 2 by Subscriber numbers) - Rank 95 ; Year 2006 loss - $10.3 Billion
3. Delta Airlines (US no. 3) - Rank 429 ; Loss - $6.2 Billion
4. Delphi (GM auto part supplier) - Rank 253 ; Loss - $5.5 Billion
5. General Motors - Rank 5 ; Loss - $2 Billion
6. Coca-cola Enterprises (producer & Distributor of coca cola products) - Rank 354 ; Loss - $1.1 Billion
7. TUI Group (German Conglomerate + Europe's Largest Travel Company) - Rank 256 ; Loss - $1.1 Billion
8. Lear Corporation - Rank 407 ; Loss - $708 Million
9. CPC (Taiwan's biggest company + oil company) - Rank - 327 ; Loss - $429 million
10. Sanyo Electric (Japan) - Rank - 356 ; Loss - $388 million
11. Goodyear Tyre & Rubber - Rank - 348 ; Loss - $330 Million
12. Centrica (UK based electric utility based on Natural gas) - Rank - 218 ; Loss - $285 million
13. Hitachi Corporation (Japan) - Rank - 48 ; Loss - $280 million
14. Alcatel -Lucent (Telecom Equipment giant) - Rank - 410 ; Loss - $221 million
15. Tyson Foods of US - Rank - 264 ; Loss - $196 million
16. JAL or Japan Air Lines (National Carrier of Japan) - Rank - 358 ; Loss - $139 million
17. Tech Data (IT products & Software REseller - world no. 2 here) - Rank - 331 ; Loss - $97 million

So friends this is it for extrass this time. See you next time soon

As a food for thought you can go and study more on Mr. Slim or these companies as what is leading them to go on and on !!!!!!! And yes it is easy to research about them we just gave you a starting point much is yet to be done!

we really thank the news sources for giving such beautiful insights to business