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Havish Gupta

Stealth • 8m

Unique Startup Stories (4/20) Imagine a family that controls a whole continent and you don't even know about it. Meet Wellenberg Family. So after the end of the depression of 1837, the whole European economy was booming. But the banks at that time didn't lend money and acted as locker provider and charged money for it. So Allen Welleberg found that he could lend the money to industries, pay interest to dipositer and still make profit. So he started his SEB bank in Sweden. Bach then starting a bank was as easy as starting a Gold Shop. And with this, he began to get whole bunch of deposits from everyone due to intrest he offered. Soon his bank started earning tons of profits which he invested in buying stake in companies throughout Europe. Later the situation grew so bad that either 1) your account is in SEB or 2) your took a loan for SEB or 3) your company took a loan for SEB According to CNBC, this family has networth of over $250 Billion and actual figure could be much more.

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Jaswanth Jegan

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Yash

Stealth • 7m

Let's Say a person has net worth of 1 Billion USD now I know he doesn't have that whole money in his bank account it's is diversified and all that. But like Roughly if he has 1 Billion how much he has in his bank ?

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Anonymous

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A bicycle for the whole family, 1949.

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Raghav Srivastav

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When Mark Zuckerberg was creating Facebook, he took funds from his friend, why did he need money when he himself was a developer?

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DELHI K KHAPITER

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Money is the biggest need for me and my family. So, How to Start a setup ?

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Akshay Kumar

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Could I get a loan from any bank on behalf to start a business/startup...?

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Nithin Augustine k

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Mohit Singh

Stealth • 14d

We will borrow money from our relatives, around 50,000. Since they are our relatives, they will lend us the money without any interest. Then, we will lend this money further to someone else at interest. The interest we earn will be our profit, and we

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Trademan

Stealth • 8m

THINK OUT OF THE BOX He took it personally

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