initial public stock

Initial Public Stock Offering Process in 1965-Looking Back on the Past

Seventy percent of the human body is composed of water. Thus, every human being needs water for life support. There are many incidents wherein individuals survived for several weeks by just drinking water.

Trees and plants need sunlight to complete their photosynthesis or their food-making process. In addition, it is also an essential element for their growth. Without sunlight, their chance of survival is very slim even when they are supported with water and necessary soil nutrients.

Google Initial Public Stock Offering: Raising an Additional $2.7 Billion and Intensifying Search Business Competition

William Gates III.

Warren Buffet.

Carlos Slim Helu.

Ingvar Kamprad.

Lakshmi Mittal.

They are just five among the 793 recorded billionaires around the world, and they have a combined net worth of around $2.6 trillion, which is 18 percent up compared to the combined net worth of 476 recorded billionaires around the world in 2005. Their average individual average net worth is around $3.3 billion.

The increasing number of billionaires is due to the excellent performance of different stock markets around the world. In fact, India’s BSE SENSEX market was up by about 54 percent in the past 12 months, thus producing 10 more new billionaires for this year, more than any other country besides the United States.

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