http://www.milliyet.com.tr/default.aspx?aType=HaberDetay&Kategori=yasam&ArticleID=503587&Date=10.03.2008&ver=51

TOP 10 CITIES IN THE WORLD:

1- Moscow (74 billionaires)
2- New York (71 billionaires)
3- London (36 billionaires)
4- Istanbul (35 billionaires)
5- Hong Kong (30 billionaires)
6- Los Angeles (24 billionaires)
7- Bombay (20 billionaires)
8- San Francisco (19 billionaires)
9- Dallas (15 billionaires)
10- Tokyo (15 billionaires)

Istanbul (35) will probably outrank London (36) pretty soon

Istanbul (35) will probably outrank London (36) pretty soon
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Why would you want to brag about this?
The more billionaires you have, the more people you have...that have nothing.

Tokyo only 15 ?


Mobile airpower

"The enemy dies relaxed," observed a Lockheed Martin manager.

http://www.timesonline.co.uk/tol/news/world/europe/article3511875.ece

Istanbul (35 in 2008) is up from 25 in 2007, therefore I believe by 2009 (next year) Istanbul will outrank London and move to 3rd spot, behind Moscow and New York.

Quote: Why would you want to brag about this?

Because the billionaires in Turkey are the owners of industrial conglomerates, like Sabanci Holding, Koç Holding, Doğuş Group, Zorlu Group, etc.

They represent industrial production.

Whereas the billionaires in Russia are mostly ex-KGB oligarchs who now control the petroleum, natural gas, etc.

Yea... billionaires in Turkey are not some saints, sounds like Turks would open their arms to another 10 billionaires and would be happy giving up their entire life savings for them.

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^ The truth hurts, huh?

Most of Russia's billionaires (ex-KGB oligarchs) today were poorer than me only 20 years ago, whereas Turkey's industrial conglomerates like Sabanci, Koç, Eczacibasi etc. were exactly who they are today even in the 1940s.

lol, what a dilussional turk, its almost pathetic how little you understand.

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Compare them with the billionaires in Russia, and see the difference for yourself:

http://www.koc.com.tr/en-US

http://www.sabanci.com.tr/En/

http://www.eczacibasi.com/

http://www.zorlu.com.tr/EN/INDEX/

http://www.cukurovaholding.com.tr/index2.htm

http://www.hattat.com.tr/en_index.php

http://www.dogusgrubu.com.tr/en/icerik/9847/1/webkurumsal/dogus_group

The fact that you still dont understand what this really means just proves my point.

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If you want to imply that they are the "masters" and I am a "servant", I'm actually quite happy and satisfied with my living standards, so the fact that they are becoming "billionaires" doesn't bother me at all.

It actually makes me happy because we need such industrialists to open more factories and create more jobs.

Note that communism found equality in poverty, not wealth. A healthy capitalist economy needs both wealthy industrialists to open new factories, and the necessary feasible working force to keep them going.

I have a billionaire 'living' in my basement. Per Capita I have the most Billionaires....

Siege of Tobruk - One German POW said: "I cannot understand you Australians. In Poland, France, and Belgium, once the tanks got through the soldiers took it for granted that they were beaten. But you are like demons. The tanks break through and your infantry still keep fighting." Rommel wrote of seeing "a batch of some fifty or sixty Australian prisoners ... marched off close behind us—immensely big and powerful men, who without question represented an elite formation of the British Empire, a fact that was also evident in battle."

No one becomes a billionaire off their own labor power. These few dozen Turko billionaires are accumulating the surplus labor of millions of Turks. Millions of Turks are taking home a meager salary while these Turk billionaires who own the controlling assets of the stocks or firms take the rest.

And then the Turkish immigrants in Europe they brag for this. Why? Because they are idiots and want to make pathetic attempts to prove to the world Turkey is modern and Westernized(because they know the opposite is the truth).

In terms of an accounting equation:

Cash + Accounts Receivable + Supplies + Equipment = Accounts Payable + Common Stock - Dividends + Revenues - Expenses

Now since you like to brag for billionaires in Turkey you should know that in these equations the expenses column is where that payroll for employees(or millions of salaried Turks) and all paid for supplies are part of this column and are a subtraction equation. This explains how most the population who is not billionaires receive their salary. Now how do the billionaires get their money according to these equations?(Can any bragging Turk answer this simple question) Most billionaires are not so off of any salary but from modern advanced forms of usury which enable them to profit from the labor of others who are reduced to selling their labor power as salaried employees to make their living, while the billionaires control assets(or capital according to Marx).

Every individual person is responsible for his/her own personal earnings in life.

I'm quite satisfied with my living standards, and I'm happy that the industrialist families (and their conglomerates) in Turkey are getting richer. This means more factories, more investment, more jobs, more economic growth.

Significant investments aren't made by people who earn €1000 per month, they are made by the billionaire industrialists.

No one becomes a billionaire off their own labor power, so it is stupid for anyone to say that these billionaires "create jobs". Even if they "create jobs", the workers will take home a fixed salary and the top of the corporate structure will keep the surplus profit.

More billionaires especially in a country like Turkey means more in-equality. Likewise more Tuaf35 postings gives dividends in more stupidity.

From a "piggy" point of view, Turkey has the ideal mix for rapid economic growth:

1) Wealthy industrialists to open new factories and make new investments.

2) Cheap labour to keep these businesses running at high revs, despite challenging competition from China and India.

Currently the minimum wage in Turkey is higher than in nine EU member states though, therefore Turkey isn't exactly a heaven to invest in terms of cheap labour; on the contrary it's becoming more and more expensive as life standards are rising. Turkey also has serious shortages in terms of energy resources and the Turks are using the most expensive petroleum and natural gas in the world (#1) due to heavy taxation from the Turkish state, and this is another major burden on the shoulders of the Turkish industrial conglomerates.

The over-expensive petroleum and natural gas prices in Turkey are also lowering the GDP-PPP figures of Turkey from potentially much higher figures (on the contrary, in Iran, cheap energy makes miracles in terms of their GDP-PPP figures, which are almost 4 times their Nominal GDP figures)

how can europe's poorest country have billionaires? a country with most number of poor people in europe, and begging europe for decades for entry into european union can NOT have billionaires by legal and equitable means. perhaps they're plunderers of wealth of ordinary poor people of that nation?

how come so many billionaires exist in london or new york? moscow it's understandable, of course, russia is the new economic, military, political powerhouse of this world. so it's complete understandable. it will soon be the largest economy in europe I hope.


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Bhangees

Bhangees have the world's largest democracy, the world's largest number of poor people, largest number of illiterates, largest number of hungry, world leader in urine therapy, longest uninterrupted history of military defeats at hands of foreigners, being ruled by foreigners even today, most of its legal, education, military, scientific, technological, entertainment, sport and other fields of endeavour being shaped by its most recent master of 200 years - UK! India was the most loyal of britain's servants and had sent millions of 'volunteer' (servants) to serve her master Britain, and many thousand Indians died to please her master UK. This is nation of Gandhis that now wields million 'weak' armed forces and nukes, despite the above FACTS! World's largest democracy in action!

It says 35 in Forbes for Istanbul but they are actually 45 counting on family base. Because they are mostly family companies. Only assets of Sabanci and Koch families makes $35 B.

Russia is an exception. Russian billionaires are chosen people by state(mostly Jewish). Russian people also think they are thieves. Millions of Russians are working for less than $2 a day. If it hadn't been for oil&natural gas, metallurgy, soviet weaponry, uranium, heroin, drugs smuggling, mafia...etc. Russia couldn't have been different than it's counterparts Ukraine and Belarus.

Correction: Russian billionaires are mostly ex KGB agents who seized the petroleum and natural gas companies that were formerly owned by the Soviet state, forming a new class of wealthy opportunists.

Most of Russia's billionaires today were poorer than me only 20 years ago.

Similarly, the current dictators in the Central Asian republics are also ex KGB agents.

Putin was also an ex KGB agent.

As Russia and other states of the former Soviet Union moved from communism to capitalism (if it can be called that way), the top brass of the KGB became the new ruling class of these countries.

What a bunch of dillusional Turks, are you actually going to pick on Russia on poverty? 1 in 5 Turks are living on less than 2 bucks(PPP) a day, what a helpless country that cant even feed its own citizens. The only way you can even begin to have a reasonable per capita is by digging into your black market to pretend that your people actually get by. Some of those "jewish" oligarchs grew up Russian orphanages and went through the Soviet army, Turks on the other hand are so stupid that they brag about an unbreakable elite class that doesnt give a crap about anyone. What a dillusional bunch....

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Turkey is far more different than $20 wage Russia. That must be why Turkish men say "DA" while they are working with Russians. It all depends on oil prices for Russia, nothing else...and also thanks to Turkish businessmen who invest money in a mafia heaven.

The word is "delusional" by the way

dont waste time on these poor turks, they talk about russia having no industry, then mention around 10 of them. lol self pwnage continues by mongol retards.

is europe's poorest country going to compare itself with europe's future largest economy (by 2013 russia gdp ppp will be higher than any european country says IMF).

oh turkish main industry is textiles and garments exports. lol

==========
Bhangees

Bhangees have the world's largest democracy, the world's largest number of poor people, largest number of illiterates, largest number of hungry, world leader in urine therapy, longest uninterrupted history of military defeats at hands of foreigners, being ruled by foreigners even today, most of its legal, education, military, scientific, technological, entertainment, sport and other fields of endeavour being shaped by its most recent master of 200 years - UK! India was the most loyal of britain's servants and had sent millions of 'volunteer' (servants) to serve her master Britain, and many thousand Indians died to please her master UK. This is nation of Gandhis that now wields million 'weak' armed forces and nukes, despite the above FACTS! World's largest democracy in action!

Only by immigrating to Germany in the 1960s did any "Turks" learn they were actually "Kurds".

On his homepage Omer Asan ( http://www.omerasan.com/ ) set out to find out what language he spoke, even at Turkish universities no one know because of the ridicilous imposition of Kemalist ideology. He learned through "research"(LOL) that he spoke a Pontian Greek dialect.

You stupid Turkish immigrant, TUAF35, you will tell the Russians about their country? What do Turks know about their own country except stupid Kemalist stereotypes?

turkish bufons again...hell, we'll never get rid of these, i guess.
I guess they are on brake from cooking kebabs again. Bilionaires from kebabs... now that's something .

Average Monthly Wage of Employee in Turkey:

2003: $660
2004: $760
2005: $905


Average Monthly Wage of Employee in Czech Republic:

2003: $599
2004: $702
2005: $795


Average Monthly Wage of Employee in Hungary:

2003: $612
2004: $718
2005: $793


Average Monthly Wage of Employee in Poland:

2003: $585
2004: $658
2005: $782


Average Monthly Wage of Employee in Russia:

2003: $179
2004: $234
2005: $302


http://info.hktdc.com/emergingmarketguide/4-2.htm

where ur links showings that mate? it showed russian economic being total diversified.

turkish gdp per capita is lower to poland czech and russia also

===========================================
I am old Christiankiller
Sorry for offensive to our good religion christian brothers
I am not hating christians

I thought people could get the data...

Turkey: http://info.hktdc.com/emergingmarketguide/5-2.htm

Cezch Republic: http://info.hktdc.com/emergingmarketguide/4-2.htm

Hungary: http://info.hktdc.com/emergingmarketguide/2-2.htm

Poland: http://info.hktdc.com/emergingmarketguide/3-2.htm

Russia: http://info.hktdc.com/emergingmarketguide/4-2.htm

Turkey has the highest minimum wage in Eastern Europe and administrators in Turkey gets one of the highest salaries in the world, above all EU countries.

Turkey's GDP per capita (PPP) is not as high as it is in terms of reality. Namely, everybody don't pay taxes in Turkey although amnesty law passes in every 4-5 years. Government increases taxes by implication. Then nobody pays taxes. Consequently, the government has to put indirect taxes. Turkish people use one of the most expensive water, electricty, fuel oil...etc. in the world and for instance, buying an autmobile in any EU country is much cheaper than buying an automobile in Turkey. Therefore, purchasing power calculatings reflects on indicators.

For another example, world's most expensive houses are located in Bosphorus but strangely no Turkish billionaires live there though they can easily afford them. Because if they buy one of them for an astronomic figure, then tax assessors will start investigating their resources.

Even not to mention informal economy and missing calculations. Turkey is the most self-employed country in the world and businesses which employ less than 10 employees are not counted. Counting system gives %5 error every year since they are not updated annually. Illegal sectors are not counted as national income unlike EU countries...and so on.

At the country level, the purchasing power of Turkey's 73 million people is not particularly impressive, given the low per capita GDP (some US$4,900), and low average monthly wage (around US$900).

I like this quote from your link. A gem

world's most expensive houses are located in Bosphorus

That's a fine example of the delusional nature of turks

Turkeys GDP per capita is $13,000 for 2007 counting reasons I explained above. If you mean nominal GDP per capita, it was $9,500 for 2007 and its going to surpass $11,000 by 2008. Average salary was around $900 in 2005. Its around $1,400 by mid-2008.

That's a fine example of the delusional nature of turks

Have you ever heard anything like "Forbes"?

http://www.forbes.com/2007/02/21/homes-expensive-world-forbeslife-cx_mw_0222mostexpensivehomes_slide1_20.html

^^u've heard of dubais brother?

===========================================
I am old Christiankiller
Sorry for offensive to our good religion christian brothers
I am not hating christians

Of course I've heard. But what for?

Only a Turco would brag about his city having more billionares than London.

So what? What does it prove? That Turkgay is not a third world peasant country?

Congrats! You have 35 billionares. Want to make them 100? Sure. What about the rest 70 million?

True Turkgay is this:

http://en.wikipedia.org/wiki/List_of_countries_by_Human_Development_Index

http://www.photius.com/rankings/healthranks.html

http://en.wikipedia.org/wiki/List_of_countries_by_infant_mortality_rate

Note the third world ratings. Now who cares about the number of billionares? Only a sick perverted mind.

Once a Turco, always a Turco!

It's not a bragging but world news. Neither history, nor economy and nor any situation of Turkey matches with the definition of a third world country.

Considering it has always been a colony, it's rather Greece that's suitable for a third world country. Turkey is not a nation who is bragging about being others' patch like Greece does. They are Greeks who count how much cents does their GDP per capita higher and judge people with their income. That's understandable up to point however because Greece had always been a starving country everybody wants to leave untill recent years. Such characteristics are peculiar to third world countries as well. Although hundred billion of dollars external aid, Greece is still the poorest and least educated member of 15s EU as well as one of the worst infrastructures and most backward country in Europe.

No matter how Turkey had supplied tons of aid to Greece and provided food for 700,000 people per day when they were starving to death under German and British rule, Greeks can't stand with anything good about Turkey due to their incredible inferioty complex toward Turks. Many nations hate their ex-rulers but that's much worse among Greeks in order for their illness nationwide. Even their way of speech points out what a low-down and unworthy nation Greeks are...and unfortunately they are our neighbours.

FYI the minimum wage in Turkey is 420YTL Net, and with the current exchange rate is 211 euro per month. Thats the minimum wage that probably only applies in the big cities and big industry. I doubt it will be the norm in the plethora of backwaters found in Turkey.

This is an article from 2007, but makes some interesting points:

http://www.euromonitor.com/Turkeys_minimum_wage_is_preventing_employment_opportunities

-The Turkish cost of labour is slowing employment growth. A high minimum wage in relation to the median wage is having negative effects on the labour market. Low-skilled workers are suffering in particular from the high labour costs, since businesses are reluctant to employ them.

-Labour costs are an important part of the flexibility of a labour market. If labour costs are too high, particularly the low-skilled will be excluded from the labour market.

-The official unemployment rate conceals the fact that unemployment is up to 70.0% in some rural areas

'What a bunch of dillusional Turks, are you actually going to pick on Russia on poverty? 1 in 5 Turks are living on less than 2 bucks(PPP) a day, what a helpless country that cant even feed its own citizens. The only way you can even begin to have a reasonable per capita is by digging into your black market to pretend that your people actually get by. Some of those "jewish" oligarchs grew up Russian orphanages and went through the Soviet army, Turks on the other hand are so stupid that they brag about an unbreakable elite class that doesnt give a crap about anyone. What a dillusional bunch....'



If this was coming from a Swiss, I would surely understand but when it comes from a starving russian, it is quite laughable really. Russia is the biggest prostitute exporter in the world. So do us a favor and worry about your starving people who flee cold ****hole aka russia instead of Turkish economy.

Stop whining like a jealous Gayreek bitch and learn to silently admire your Turkish MASTER

"Of course I've heard. But what for?"

Dubai United Arab Emirates of our Ummah brothership unique richness of Muslims world leadership is being fanatsti c of luxurious residential and other industrial outputs

look at some dubais shots on the net


===========================================
I am old Christiankiller
Sorry for offensive to our good religion christian brothers
I am not hating christians

>>>Dubai United Arab Emirates of our Ummah brothership unique richness of Muslims world leadership is being fanatsti c of luxurious residential and other industrial outputs

look at some dubais shots on the net


<< <br>


Yea but the truth is that Dispite the Fact that Dubai has MANY Rich arabs..The UAE Economy only runs because 90% of the CEOs of all their countries are Europeans. The Architects are European. THe Arabs cant do much on their own.

ETA is a prime example of that. And that company is Run by Indians lol.

Pick an Industry and 9/10 it is a success because of Outsiders..Not Arabs. The Arabs just sit back and reap the money because by law you have to have a Arab partner to do business in UAE.

Not to forget that you pay nothing for Oil there



R.K. Laxman, India's renowned cartoonist, honours the hardy & humble Indian Jawan

AKA KRONICFEVER

"Yea but the truth is that Dispite the Fact that Dubai has MANY Rich arabs..The UAE Economy only runs because 90% of the CEOs of all their countries are Europeans. The Architects are European. THe Arabs cant do much on their own.

ETA is a prime example of that. And that company is Run by Indians lol.

Pick an Industry and 9/10 it is a success because of Outsiders..Not Arabs. The Arabs just sit back and reap the money because by law you have to have a Arab partner to do business in UAE.

Not to forget that you pay nothing for Oil there
"

sour grapes?

Dubai has not many country its an emirate one of seven of UAE

if arabs cant do much you can explain why you hendus are slaving at arabs' service by MILLIONS and droves? LOL you warnkes had better return to hendustan for better living standards than dubai then lol that show ur hendus can flourish with ur own labour? lol u cant do it because your are being total dumb monkey urine drinker cow dung eater ghandi porno smut karmasutrie?

pick an industry there is no world leadership of hendustan lol its sad truth
u mention ETA its tiny, look at EMAAR its being invest tens billions euros to poverty slum hendustan to uplift u, u ungratesful are whining still? shameless our ummah brothers shoulds divert resources to ummah brothers.

if an industry is successful of dubai becase of outsiders, tell us why that outsider country is not being successful? Why they need come dubai for work? lol

not to forget dubai even dont have fresh water resource most important natural resource for life form, even withs it you hendus are languishing and abundance of natural resource of all type in europes westerns they are facing recession because faggetry dont have courage to delink from amerikunts fatso economic system hehehe



===========================================
I am old Christiankiller
Sorry for offensive to our good religion christian brothers
I am not hating christians

just lets ur cvnts know this "secret"

IMF beg Saudis for money, saudis rejected it
IMF brits still begging brown say more power to arabs of gulf if they donate to IMF

IMF sanction loan for hendustan turks etc
why? hendustan is massive ghandi porno smut ugly weakling veggy curry coconut drunk orgy monkey urine cow dung rat karmasutrie so its not being advanced

why turks beg IMF? its SECULAR exactly why

why IMF beg saudis? its SHARIA rule that s why (although saudi king is being unislamic with friendship of amerikunts cowbys leaders agent)

http://www.hurriyet.com.tr/english/finance/10373437.asp?gid=244
"Turkey completed in May a three-year stand-by arrangement supported by more than $10 billion in IMF loans, and the two sides have been discussing a fresh deal"

http://www.guardian.co.uk/business/feedarticle/8027137
"Saudi Arabia not mulling more cash for IMF-minister"
"Assaf said Brown had suggested during his visit that Gulf countries and China, which hold large foreign exchange reserves, should all contribute more.
"This is his opinion. This is not our opinion. We are not going to pay more or less than others. We have been playing our role responsibly and we will continue to play our role, but we are not going to finance the institutions just because we have large reserves," Assaf said.
"These reserves are for the development of the kingdom of Saudi Arabia," the minister said. "There were lots of rumors that we were coming here to pay the bill, there is no such thing."
"




===========================================
I am old Christiankiller
Sorry for offensive to our good religion christian brothers
I am not hating christians

I'm happy for the Turks..indeed I'm...
nice people ..I hope things go that way ... because Billionaires there at least are not doing what the arabs are doing ...big towers in the middle of the desert!!


keep going like that ....I know that things are getting better in Turkey ...the only thing I'm afraid is if something like what happened with Iran in the 80's ..the revolution, will put the extremists in power!!!

otherwise they can have as many Bill. as they may wish. And I do hope that one day they eventually will join EU.

The Italian and Spanish emigration to europe ended when those two countries entered the EU and prospered together!!

gulf arabs have trillion euro investment in local economy not only towers, fool

its also having trillin euro investments abroad with similar cash reserves

===========================================
I am old Christiankiller
Sorry for offensive to our good religion christian brothers
I am not hating christians