Viral Video Of Elderly Man Claiming To Have Rs 102 Crore Shares Shocks The Internet
A video is going viral on X, showing an elderly man whose lifestyle embodies simplicity, even as he claims to hold shares totaling mammoth Rs 102 crore. The viral video has already garnered 1.3 million views.
In an era where simplicity is rarely seen or heard of, especially among the rich who prefer to show off their lavish lifestyle, a viral video of an elderly man on Twitter (now X) has brought to light an inspirational figure.
What Does The Viral Video Show?
indiatimes
A video is going viral on X, showing an elderly man whose lifestyle embodies simplicity, even as he claims to hold shares totaling mammoth Rs 102 crore. The viral video has already garnered 1.3 million views.
As they say, in Investing you have to be lucky once
¡ª Rajiv Mehta (@rajivmehta19) September 26, 2023
He is holding shares worth
?80 crores L&T
?21 crores worth of Ultrtech cement shares
?1 crore worth of Karnataka bank shares.
Still leading a simple life#Investing
@connectgurmeet pic.twitter.com/AxP6OsM4Hq
The viral video, shared by X (formerly Twitter) user, Rajiv Mehta, reveals the elderly gentleman's holdings in major companies: Rs 80 crore in L&T, Rs 21 crore in Ultratech Cement, and Rs 1 crore in Karnataka Bank.
He tweeted, "As they say, in investing, you have to be lucky once. He is holding shares worth ?80 crores worth of L&T, ?21 crores worth of Ultrtech cement shares, and ?1 crore worth of Karnataka bank shares. Still leading a simple life."
twitter
Also Read: All You Need To Know About Tata Group's Most Expensive Stock
How Twitter Is Reacting To The Viral Video
Remarkably, the elderly man¡¯s humble behaviour and simple living have won over netizens, making the video a focal point for discussions on wealth, lifestyle, and investment strategies. What has intrigued many is not the wealth he possesses but the unassuming life he leads.
The viral video, which has already garnered 1.3 million views on X, has sparked widespread commentary and reflection among the online community. Users have engaged in discussions, admiring the man¡¯s steadfast approach to investments and his resilience in not succumbing to impulsive decisions during market fluctuations.
Deepak Shenoy, the founder and CEO of Capitalmind, a Bangalore-based investment research and wealth management startup, tweeted, "Bhai 27,000 L&T shares = 8 crore, no? Similarly, 3.2 crore of Ultratech and 10 lakh of Ktk bank It's still a decent amount. More power to him. But please consider blurring his face; such publicity usually doesn't do good, especially for old people living a simple life."
Bhai 27,000 L&T shares = 8 cr no?
¡ª Deepak Shenoy (@deepakshenoy) September 26, 2023
Similarly 3.2 cr. of Ultratech
10 lakh of Ktk bank
It's a decent amount still. More power to him.
But please consider blurring his face, such publicity usually doesn't do good esp for old people living a simple life.
Another user commented, 'Which chart is Uncle following?"
Which chart is uncle following?
¡ª Chatur (@ChaturGPT) September 26, 2023
Another X user commented on the viral video, saying, "What's the point then? Money is like fuel; what's the point if you have a lot of it in the tank and no use for it? Simplicity is one thing, but not being able to spend at all on yourself is another. See, many accumulators find it very difficult to move to spending mode when they have enough."
What's the point then? Money is like fuel, what's the point if you have a lot of it in the tank and no use for it? Simplicity is one thing but not being able to spend at all on yourself is another. See many accumulators find it very difficult to move to spending mode when they¡
¡ª Udit Bhandari (@GurugramDeals) September 26, 2023
A Twitter user pointed out the approximate returns on the man's stocks, mentioning, "Just taking the last 20 years (may be even older and would be greater for him, but just taking the last 20 years) returns of his stocks: Ultratech cements: 33x, L&T: 104x, and KTK Bank: 7.5x."
Just taking Last 20 years (may be even older and would be greater for him but just taking 20 yrs )returns of his stocks -
¡ª Rakshan N K (@RakshanKangovi) September 26, 2023
Ultratech cements - 33x ,
L&T 104x
and KTK Bank - 7.5x pic.twitter.com/u5tf16kGof
But some users pointed out the mismatch in the figures, which raised doubts on the truth behind the Rs 100 crore stocks' claim.
Somehow the numbers he says, the amount Rajiv tweeted and the dividend the old gentleman receives are not falling in one place¡ there¡¯s mismatch
¡ª Vidya (@Vidya269049464) September 26, 2023
I am not considering this ¡
the numbers need to be corrected. Dividend should be more than what he tells. But if the holdings are true, nothing more is required to live humbly in village.
¡ª srinivasan (@srini_trichy) September 26, 2023
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