The Billionaire Raj
A Journey Through India's New Gilded Age
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Narrated by:
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Shridhar Solanki
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By:
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James Crabtree
About this listen
A colorful and revealing portrait of the rise of India’s new billionaire class in a radically unequal society.
India is the world’s largest democracy, with more than one billion people and an economy expanding faster than China’s. But the rewards of this growth have been far from evenly shared, and the country’s top 1 percent now own nearly 60 percent of its wealth. In megacities like Mumbai, where half the population live in slums, the extraordinary riches of India’s new dynasties echo the Vanderbilts and Rockefellers of yesterday, funneling profits from huge conglomerates into lifestyles of conspicuous consumption.
James Crabtree’s The Billionaire Raj takes listeners on a personal journey to meet these reclusive billionaires, fugitive tycoons, and shadowy political power brokers. From the sky terrace of the world’s most expensive home to impoverished villages and mass political rallies, Crabtree dramatizes the battle between crony capitalists and economic reformers, revealing a tense struggle between equality and privilege playing out against a combustible backdrop of aspiration, class, and caste.
The Billionaire Raj is a vivid account of a divided society on the cusp of transformation - and a struggle that will shape not just India’s future, but the world’s.
©2018 James Crabtree (P)2018 Random House AudioListeners also enjoyed...
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Critic reviews
“James Crabtree has written a lucid, detailed, and at times epic account of the new India, opening our eyes to the economic and social transformation that has quietly occurred there in recent years, behind the facade of the headlines. A must read for all those interested in the political and economic destiny of the subcontinent.” (Robert D. Kaplan, author of The Return of Marco Polo’s World)
“James Crabtree, once a hugely-admired star foreign correspondent, has transformed himself into a brilliant writer and analyst of the Indian super rich. This timely, fascinating and eye-opening book is also - a rarity for a book about money - wonderfully witty and beautifully written.” (William Dalrymple, author of The Last Mughal)
“James Crabtree distinguished himself as the most insightful journalist writing for the Financial Times from India. It is not surprising therefore that he has now written a book that offers a splendid overview of the issues that have been raised concerning India’s spectacular growth since the reforms began in 1991. It is bound to become a classic.” (Jagdish Bhagwati, co-author of Why Growth Matters)
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In Bending Adversity, Financial Times Asia editor David Pilling presents a fresh vision of Japan, drawing on his own deep experience, as well as observations from a cross section of Japanese citizenry, including novelist Haruki Murakami, former prime minister Junichiro Koizumi, industrialists and bankers, activists and artists, teenagers and octogenarians. Through their voices, Pilling captures the dynamism and diversity of contemporary Japan.
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Good book, but terribly read
- By Kallan Resnick on 10-24-14
By: David Pilling
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The Rockefellers
- By: Peter Collier, David Horowitz
- Narrated by: Michael Anthony
- Length: 30 hrs and 44 mins
- Unabridged
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Against a richly detailed backdrop of history, the story of this unique American family unfolds. It begins with John D. Rockefeller Sr., who amassed a fortune amid the muck and disorder of the Pennsylvania oil fields and left his son to deal with the public outcry.
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Too Long
- By Rohit on 05-25-07
By: Peter Collier, and others
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India
- A Portrait
- By: Patrick French
- Narrated by: Walter Dixon
- Length: 17 hrs and 12 mins
- Unabridged
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Second only to China in the magnitude of its economic miracle and second to none in its potential to shape the new century, India is fast undergoing one of the most momentous transformations the world has ever seen. In this dazzlingly panoramic book, Patrick French chronicles that epic change, telling human stories to explain a larger national narrative. Melding on-the-ground reports with a deep knowledge of history, French exposes the cultural foundations of India’s political, economic and social complexities.
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An Epic Book by Award-Winning Author
- By morton on 10-31-11
By: Patrick French
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Vanishing Frontiers
- The Forces Driving Mexico and the United States Together
- By: Andrew Selee
- Narrated by: Kevin Stillwell
- Length: 9 hrs and 3 mins
- Unabridged
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There may be no story today with a wider gap between fact and fiction than the relationship between the United States and Mexico. Through portraits of business leaders, migrants, chefs, movie directors, police officers, and media and sports executives, Andrew Selee looks at this emerging Mexico, showing how it increasingly influences our daily lives in the United States in surprising ways - the jobs we do, the goods we consume, and even the new technology and entertainment we enjoy.
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A mandatory read, now more than ever
- By Haydon Hill on 08-04-19
By: Andrew Selee
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Plutocrats
- The Rise of the New Global Super-Rich and the Fall of Everyone Else
- By: Chrystia Freeland
- Narrated by: Allyson Ryan
- Length: 11 hrs and 38 mins
- Unabridged
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There has always been some gap between rich and poor in this country, but in the last few decades what it means to be rich has changed dramatically. Alarmingly, the greatest income gap is not between the 1 percent and the 99 percent, but within the wealthiest 1 percent of our nation-as the merely wealthy are left behind by the rapidly expanding fortunes of the new global super-rich. Forget the 1 percent; Plutocrats proves that it is the wealthiest 0.1 percent who are outpacing the rest of us at break-neck speed.
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Good Storytelling but ... analysis is "eh'
- By Susan on 11-04-12
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Age of Ambition
- Chasing Fortune, Truth, and Faith in the New China
- By: Evan Osnos
- Narrated by: Evan Osnos, George Backman
- Length: 16 hrs and 41 mins
- Unabridged
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As the Beijing correspondent for The New Yorker, Evan Osnos was on the ground in China for years, witness to profound political, economic, and cultural upheaval. In Age of Ambition, he describes the greatest collision taking place in that country: the clash between the rise of the individual and the Communist Party’s struggle to retain control.
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Come back when you have a warrant!
- By Neuron on 11-06-15
By: Evan Osnos
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Rainbow's End: The Crash of 1929
- Oxford University Press: Pivotal Moments in US History
- By: Maury Klein
- Narrated by: Sean Crisden
- Length: 11 hrs and 45 mins
- Unabridged
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The first major history of the Crash in over a decade, Rainbow's End tells the story of the stock market collapse in a colorful, swift-moving narrative that blends a vivid portrait of the 1920s with an intensely gripping account of Wall Street's greatest catastrophe. The book offers a vibrant picture of a world full of plungers, powerful bankers, corporate titans, millionaire brokers, and buoyantly optimistic stock market bulls.
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Plenty of fine detail, especially of the 1920s
- By Philo on 04-18-13
By: Maury Klein
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The Miracle
- The Epic Story of Asia's Quest for Wealth
- By: Michael Schuman
- Narrated by: Fred Stella
- Length: 14 hrs and 4 mins
- Unabridged
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Spanning nine countries, filled with heroic tales of bold decisions and self-sacrifice, and probing vast historical undercurrents, "The Miracle" takes readers inside private boardroom meetings, heated business negotiations, factory floors, and presidential cabinet sessions for a behind-the-scenes look at the events that shaped Asia's economic ascent - and will shape the world in the century to come.
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Packed with stories of both bussinesses and gov
- By Roman on 11-21-12
By: Michael Schuman
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The House of Morgan
- An American Banking Dynasty and the Rise of Modern Finance
- By: Ron Chernow
- Narrated by: Robertson Dean
- Length: 34 hrs and 37 mins
- Unabridged
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A gripping history of banking and the booms and busts that shaped the world on both sides of the Atlantic, The House of Morgan traces the trajectory of the J. P.Morgan empire from its obscure beginnings in Victorian London to the crash of 1987. Ron Chernow paints a fascinating portrait of the private saga of the Morgans and the rarefied world of the American and British elite in which they moved. Based on extensive interviews and access to the family and business archives, The House of Morgan is an investigative masterpiece.
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The construction of the House of Morgan
- By Darwin8u on 10-22-18
By: Ron Chernow
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Since Yesterday
- The 1930s in America
- By: Frederick Lewis Allen
- Narrated by: Christopher Lane
- Length: 14 hrs and 31 mins
- Unabridged
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In this panorama, subtitled The 1930s in America, Frederick Lewis Allen combines an eye for the significant trivia of everyday existence with a facility for neatly dissecting the political monoliths of the era. Whether discussing the varieties of bathtub gin or elucidating Keynesian economics, Allen displays, in the words of Edward Weeks of The Atlantic, "a talent for terse and telling resume which is the envy of any historian."
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A Solid View of 1930s America
- By Jason Hutchens on 09-28-16
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Dealing with China
- An Insider Unmasks the New Economic Superpower
- By: Henry M. Paulson
- Narrated by: Kevin Stillwell
- Length: 18 hrs and 31 mins
- Unabridged
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When Hu Jintao, China's then vice president, came to visit the New York Stock Exchange and Ground Zero in 2002, he asked Hank Paulson to be his guide. It was a testament to the pivotal role that Goldman Sachs played in helping China experiment with private enterprise. In Dealing with China, the best-selling author of On the Brink draws on his unprecedented access to both the political and business leaders of modern China to answer several key questions.
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A Valuable Book on China
- By Michael Moore on 09-04-15
By: Henry M. Paulson
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Mike Bloomberg
- Money, Power, Politics
- By: Joyce Purnick
- Narrated by: Mark Moseley
- Length: 6 hrs and 43 mins
- Unabridged
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Michael Bloomberg is not only New York City's 108th mayor; he is a business genius and self-made billionaire. He has run the toughest city in America with an independence and show of ego that first brought him great success and eventually threatened it. Yet while Bloomberg is internationally known and admired, few people know the man behind the carefully crafted public persona.
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Not the most captivating, but a decent summary
- By liz w on 03-06-17
By: Joyce Purnick
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This Brave New World
- India, China and the United States
- By: Anja Manuel
- Narrated by: Elizabeth Wiley
- Length: 12 hrs and 14 mins
- Unabridged
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In the next decade and a half, China and India will become two of the world's indispensable powers - whether they rise peacefully or not. During that time, Asia will surpass the combined strength of North America and Europe in economic might, population size, and military spending. Both India and China will have vetoes over many international decisions, from climate change to global trade, human rights, and business standards.
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Good book, could be better
- By General on 09-23-16
By: Anja Manuel
What listeners say about The Billionaire Raj
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Mark Watt
- 06-28-19
Too long
Too long for the normal persons attention span. Thought would cover the individuals of India’s wealth much more.
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- Chris
- 06-17-23
Engaging, authors politics could be reduced
Enjoyed learning more about India, in an engaging story-like format. Authors personal left-leaning opinions on inequality could have been less invasive, and thus made for a better book overall. The authors comparisons to the American “robber barons” was cliché and lacking in his own historical knowledge of the era and characters, again showing authors bias.
Read for the history and insight into India, ignore authors personal interjections and bias.
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- Archana
- 03-16-19
Great crash course on India's powerful class
For an Indian, this book is an interesting collection of stories from power circles in Industry and Politics in India. For an outsider it could be more eye opening and a crash course on India's "guilded age". I missed the depth in any one part of the story and information was more like a news than an interconnected editorial leading to a conclusion.
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- Mr Dangerous
- 03-01-24
If you have any interest in modern india
I fully enjoyed this, though im really interested in india as a whole. Great research and narration.
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- Ahmed
- 11-27-20
Insightful and Entertaining
for someone with no knowledge of the country of India or its intricacies and systems, I found this book very informative of the Indian culture, politics and businesses. all the true stories and the authors interview help give soul to the book and make it much more enjoyable.
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- Galadriel
- 10-13-18
annoying fake Indian accent
the content is ok but the narrator's fake Indian accent when narrating utterances by Indian people is very annoying. it got really bad around the narenda modi chapter. there's no reason to fake an Indian accent.
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- Saket
- 06-01-19
Lacks depth
The author observations are correct but lacks deeper understanding of both India as well as of more diverse economic knowledge.
An example of each-
- Most of the book talks about events from the viewpoint of mega cities like Mumbai and New Delhi. And Modi won a 2nd term because of work done in the hinterlands (like Ujjawala scheme, health insurance, housing for all, building of toilets to name a few) but the author doesn’t covers them
- The author talks about slums of Mumbai and wonders if the dwellers there will ever use the newly built airport. Of courae they already do. The slum dwellers of Mumbai have enough momey to buy cheap $100 domestic flight tickets in India. The author should read the book Triump of Cities to learn that more successful cities attract more slum dwellers as the cities provide more opportunities for the poor
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- Amy White
- 01-06-19
Excellent parallel
Fascinating to see how the author allows reflections on America ‘s path and status while being able to visualize India”s journey.
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- Lynn
- 11-15-24
Biased
Clearly pushing a political message. Look elsewhere for a more balanced perspective. Also more importantly - this could have been an article
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