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Zia and her husband 5000 crores
Luthra 1000 crores
Managing partners of tier 1 firm 500 crores
Managing partner of tier 2 firm 100-200 crores
Senior partner 100 crores
Junior partner 50 crores
scandal and jaya jaitley
When you say you’re likely done with work after 50, is that by age or savings (crores)?
Great stuff, in either case, and all the best with getting to your destination!
Whatever happened to her?
Source(s): https://indianexpress.com/article/india/india-others/former-jk-chief-secretary-ashok-jaitley-passes-away/
https://www.outlookindia.com/website/story/tony-jaitly-champion-of-kashmir/294845
I still work - I imagine that if I had another corpus of 15 crores, what I earn from the law firm would tantamount to the interest which a bank would give me.
So still in the profession for another 5 to 6 years. Once over 50, will leave and enjoy life.
- someone like ashwath, 50 to 60 crores
- someone like raghubir or gautam saha or reeba, 30 to 40 crores,
all numbers being net worth and including value of primary residence less debt. Most of the senior partners of today have started earning really big annual numbers only in the last 5 years or so, and will lose a fair chunk of that to tax and expenses.
However, no idea why people keep working once they hit these numbers (or continue working at the same level of intensity). Once I hit 30 crores (haha), I am ouuut. 10 crores for a decent flat in mumbai/delhi or a great house elsewhere, and 20 crores in a mix of fds and investments generating a >10% yield p.a on average. Let’s go!
Managing partners of other Tier 1 firms - 100-200 cr
Managing partners of Tier 2 firms - 50-100 cr
Senior partners - 20-80 cr
Junior partners - 10 - 20 cr
Any views / insights?