Birla in top-50 septuagenarian biz list
4 Indian corporate leaders B K Birla, Keshub Mahindra, C P Krishnan Nair and K P Singh are in a list of the world's top 50 septuagenarian business heads compiled by US magazine BusinessWeek.business Updated: Aug 31, 2008 16:52 IST
Four Indian corporate leaders B K Birla, Keshub Mahindra, C P Krishnan Nair and K P Singh have joined the league of global czars like Warren Buffett and Rupert Murdoch in a list of the world's top 50 septuagenarian business heads compiled by US magazine BusinessWeek.
These fifty people aged 70 and above who are giving the young generation of businessmen a run for their money despite being beyond the age when most of the people retire from work.
The list also also includes adult entertainment publisher Playboy's Editor-in-Chief Hugh Hefner, billionaire investor George Soros and former Federal Reserve Chairman Alan Greenspan.
At the age of 100 years, Chinese TV tycoon Run Run Shaw Chairman of Hong Kong-based Television Broadcasts is the oldest in the worldwide list.
Among Indians, Basant Kumar Birla is Chairman of Birla Group at the age of 87, while 84-year old Keshub is Mahindra & Mahindra Chairman. Besides, 84-year-old hotelier C P Krishnan Nair and 77-year old realty baron Kushal Pal Singh are Chairman of at Hotel Leela Venture and DLF group respectively.
"It often seems as though young people rule the world, especially since the dot-com boom (Hello, Google and Facebook guys). But you might be surprised at how many senior citizens media moguls, casino kings, Chinese tycoons are cutting deals, starting new businesses, and generally kicking boomer and Gen Y butt," BusinessWeek said.
"If 60 is the new 40, then 80 is the new 60. Mellowing with age simply doesn't compute for these folks," it noted.
While legendary investors Buffett and Soros as well as media moghul Rupert Murdoch are going strong at 78 years each, so are Hugh Hefner at 82 years and Greenspan at 80 years.