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Havish Gupta

Stealth • 6m

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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Can you help me by clarifying my doubt? I have taken a loan against my property in a private bank as I need less money I got only 10% the worth of my property before 2 years and the loan is not over yet, now I need some more money can I ask the ba

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Yash

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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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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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Anonymous

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A bicycle for the whole family, 1949.

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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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Sanskar

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Arul Sujanesh was born in madhurai in a 28 member joint family who had many successful businesses but however when he was pursuing his dream of becoming a civil engineer he gets a call from his father which changed everything. His father told him th

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Prince Bhakat

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Does taking a loan from a bank for doing startup is good or is it bad option comment down your views.....

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Nithin Augustine k

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STUDENT BANK to teach the young generation the basics of banking, money management, how to save money. It would function for the students of age 14 to 18 . Bank will function in every school students can do all banking transactions like savings and a

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Anonymous

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How is money view for taking up personal loan? I am in need of some money urgently and the only option I have left is personal loan apps and money view has a good rating on playstore among all but still I checked out the reviews and didn't get that t

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Hiral Jain

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Hello everybody! Day 4 of knowing about businesses that are still operating even after being illegal! In a previous post, we saw how businesses accumulate black money, wondering how would they use it later to make any big purchase you need to trans

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