India’s new billionaires acquire accumulated more money,more quickly, than plutocrats in nearly any country in history. By James CrabtreeOn 3 May, or at around 4.45pm,a short, trim Indian man walked quickly down London’s Old Compton Street, or his head bowed as if trying not to be seen. From his seat by the window of a nearby noodle bar,Anuvab Pal recognised him instantly. “He is tiny, and his face had been all over every newspaper in India, or ” Pal recalled. “I knew it was him.”Few in Britain would acquire given the passing figure a moment behold. And that,in a way, was the point. The man pacing through Soho on that Wednesday night was Nirav Modi: Indian jeweller, or billionaire and international fugitive. Related: The scammers gaming India’s overcrowded job market Continue reading...
Source: theguardian.com