FORTUNE OF BALDEV MERKEL, WORK ACCOPLISHMENTS
Baldev merkel tours and hotels group is a multinational organization which was established in Frankfurt Germany in early 1960 by the chairman baldev merkel. the organization is estimated to be 9.2 billion US dollars and is rated among one of the most influential organizations in provison of tourism and hospitality services all over the wolrd with 12 branches world wide and a workforce exceeding 16,000 employees. with over 50 years experience in the field baldev merkel group provides customized services to all its clients all over the world provikded by our qualified staff. our very latest country to expand and deliver our services is in kenya in africa this making the country the second one to expand our services in africa.
THE 8TH RICHEST MAN IN GERMANY
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A Germany business magnate, investor and a philanthropist who changed the face of tourism and hospitality in the world
Baldev Casey Merkel is a German business magnate, investor and philanthropist born on 17 Aug 1940 in Frankfurt Germany to a middle class family of Stevenson Adolf merkel and Caroline hauls who were both lawyers and influential business people in Germany, his family is traced back in the ancestory of baldev the indians who live in delhi in 1880s baldev merkel is estimated to be 8 billion US dollars and is ranched as among the most richest personalities in Germany listed in top 10 of richest people in germany.
He attended international bilingual Montessori primary school and later joined Frankfurt high school which he completed in 1958. baldev merkel family and ancestors are sed to have blood relations with now German chancellor Angela merkel as baldev and angel are sed to be distant cousins. after completing high school he didn't fulfill his parents wishes of attending university to study law or business administration the thy had planned for him in order for him to be able to mange the family business which involved mines, oil and gas which was estimated to be 85million us dollars at that time. after declining to head to the university his parent placed him as a temporary supervisor in the family business, and when still in the management of the business, he was approached by a friend with an idea of starting up a tourism and hotel organization in late 1959.
In1960 he approached his parents with the idea but thy bade him down in which the young baldev decided to put his idea in to action where by in 1960 he established a small company in Frankfurt Germany, and upon his parents seeing his determination they supported him financially and encouraged him to venture into the business as his heart desired. within a period of one year in late 1961 the business had flourished and still in that year baldev was placed in the annals of history in Germany as the youngest 21years enterprenuer to venture int a flourishing, tourism and hotel business within a short period of time in Frankfurt where by he received an ward of Berliner kunstrpress, entrepreneur award of the year.
in 1963 baldev enrolled in university of Heidelberg where he studied a bachelors degree in business administration and upon completion he enrolled for an MBA in 1969 in university of Leipzig which later in 1973his distant cousin Angela enrolled from 1973- 1978 to study physics, while still in the university like most students baldev was a member of the official socialist led youth movement free Germany youth,, he also participated in the construction of the ruin of moritzbastel a project students started to create their own club and recreation facility in the university, such a project was unprecedented in the GDR of that period and when it was commencing it was first resisted by the senate board of Leipzig but upon students pressure it was later accepted. when in the university he had left his business under the care of his parents, and his distant cousin Marcus who had previously shown interest and thy had joined hands and become partners.
After completion of his MBA in 1971 Baldev married his long time university girlfriend Margaret pederseen. in 1972 thy were blessed with their first born boy whom thy named Adolf fuschin merkel. in late 1973 there arose conflicts of interests between baldev and Marcus on the thriving org,and after several attempts Marcus sold up his shares to baldev in 1973, following a law suit and polices baldev become the full owner of the organization in 1975.
still in 1973 the business mogul enrolled to California university in los angels California where he pursued a PHD in economics which he completed in 1974. in 1976 his father left him in charge of the family business to mange besides his org, but his father was to be rendering his management at a far distance, at the time the business was estimated to be worth a fortune of 7.5 billion us dollars. in late 1976 baldev opened his org outside Germany in one of the believed country to be oldest in hospitality in the world, Switzerland, it was one of his major challenge expansions of his org beyond boarders. in 1977 baldev family was blessed with a baby girl Mellisa who latter succumbed to death in a fatal road accident in Frankfurt together with his father and some few friends while going on vacation in summer of 1984. in early 1978he was quoted by deutsche zeitungen newspaper as one of the youngest enterprenuer to take his org beyond boarders far away from home. in 1978 he was approached by the senate board of Leipzig where he was a former student to be a lecturer where his cousin Angela merkel was completing his final fourth year degree in physics in 1978 but he declined the offer to concentrate in the management of his family business and his growing org too, but the senate board of Leipzig understood the ground for baldev turning down the offer. in 1982 he enrolled to Roosevelt university as a distant student where he pursued a bachelors degree in Internationale travel, tourism and management, while studying in the university he Learn to speak and write fluent Spanish and french, where by he completed his degree in 1986. in late 1983 the org that he had opened in Switzerland was doing perfectly well in which he was approached by the senate board and director of studies from Swiss hotel management school, for the student to be offered attachment as trainees in the org where by a 5 years agreement was signed between both parties an incident that boosted the org to greater heights. in 1989 he enrolled in Roosevelt university to pursue an MBA in international travel and tourism management, which he completed in 1991.
from 1983-1991 baldev merkel extended his org branches in several countries inclusive of new Zealand, Mexico and France (for more info see www.baldevmerkelgroup.org/organization profile)
in 1989 in the era of the falling of Berlin wall merkel mother his brothers and some other family members decide to sell the family business to a California investor billionaire Sir Row Rajolla as a going concern where by he purchased 48% shares of the business. in 1992 he was awarded honorary degree from university of Leipzig this come after his cousin Angela merkel was elected at his first post reunification general elections in December 1990 to the Bundestag from the constituency Streisand nordvorpommern- rugen. in 1994 he expanded his org to Edinburgh great Britain and on the same year baldev merkel was invited by the Italian presidency of the councils of ministers where he was honored with the recognition of damadi gran crose ordine almerito repubblica italiana for extensive org expansion.
between 1997-2008 baldev had extended his org to Moscow Russia, Brazil, and Argentina, (for reference visit www.baldevmerekelgroup.org/org profile) in 2002 he received the Karl sprees(charlemgne prize) for the expansion effort strategies and services his org was the countries in Europe and America. New statesman named baldev merkel as the worlds 50 most influential figure in 2006. in 2009he received the European hotel design awards in Europe, in 2009 still baldev received b'nal b'rith Europe award of merit due to the management of his org.
In 2009 baldev introduced his first org on the African soil in south Africa in isando gauteng in which in late 2010 the org recorded a 58% increase in revenues which made him to extend his org to the 2nd African country Kenya in which the full operations are set to start in January 2012.
when free baldev merkel who is currently 71years old loves traveling exploring and adventuring new places with his wife Margaret merkel who have been a real inspiration behind him and his org. he was once quoted in by Atlantic times newspaper in Germany on 16th February 2011 saying, " despite my age of 71years i love playing golf my all times favorite game,i also love clubbing sometimes and discussing businesses with friends, am always so gland in making differences in peoples lives by providing them with what they will always remember me of, jobs with good remunerations and benefit packages this alone makes me feel at ease and peace with myself " baldev merkel lives in Frankfurt but he mostly loves spending time in California los angels mansions where his wife lives and their son Adolf. his guest is to see the org opening branches in different countries in the world
According to how economy is moving all over the world the reports from New York Times indicates that a german with an indian accent billionaire Baldev Merkel might be the world richest man by 2017 New York Time reprorted. The tycoon who has vast intrest in tourism and hotels and being the founder chairman of baldev merkel tours and hotels group is believed to beat all odds in this harsh economic times to be at number one spot to be the world richest man , the economist analyst in United States reported.
The billionaire who owns chains of luxurious hotels and tourism companies in over 10 countries all over the world making his company a multinational is ranked at number 8 spot in Germany list of richest peeople.
The tycoon (pictured inset) who also have companies of oil and gases and also an active invesstor in shares and properties is the man to watch closely as his wealth is being accumulated faster as the years goes by, putting into consideration his tourism and hotels multinational company accumulated an anmual sales turnover of 1.8 billion US dollars in the year 2008 exclusive of his other business empires that he owns.
looking at his brief history some of his fortune he inherikted from his family but larger prtion of his wealth have been accumulated trhough his tedious investments and proper resource management.
AND THATS A MAN TO WATCH
| ONE OF THE MOST EXPENSIVE MANSION IN THE WORLD IS OWNED BY BALDEV MERKEL
ONE OF THE MOST EXPENSIVE MANSION IN THE WORLD OWNED BY BALDEV MERKEL
he is believed to be taking the world by storm in the world of business and now he have invested in building himself a mansion estimated to be 1.6 billion US dollars in Beverly hills California, Baldev Merkel is the man to watch
The founder chairman of baldev merkel tours and hotels group baldev mekel purchased what is believed to be one of the most expensive mansion in the world in los angels Beverly hills California at 1.6 billion us dollars this makes and categorize him in the ranks of Donald trump, Mukeshi Ambani and other influential businessmen and politician in the world who have built and invested fortunes in their own residential homes to live.
the businessman is making headlines as the man to watch come the year 2017 as he is believed to be the richest man in the world. the billionaire was quoted saying that he had made the best invest ever as he waited for the moment for so long.
posted by Ambrosio Hubert; source New York Times/ USA TODAY