One of the world’s largest selling FMCG companies Nestle, which sells Maggi noodles, KitKat, Nescafe, admitted that more than 60% of its mainstream products were unhealthy.
UK business daily Financial Times (FT) quoted from a Nestle presentation/document to say the company acknowledged that more than 60%of its mainstream food and drinks products didn’t meet a recognised definition of health.
However, if other reports were believed, more than 70% of its mainstream products were unhealthy. FT claimed the majority of Nestlé’s mainstream food and drinks portfolio failed to meet recognised standards of health and nutrition.
The company also admitted that some of its food products would never be healthy no matter how much we renovate.
FT reported as per a presentation that was circulated among top executives in early 2021 revealed that only 37% of Nestles products, (excluding pet food and specialised medical nutrition), achieved a rating of 3.5 or higher under Australias health star rating system.
As per the Australian health star rating system, a 3.5-star rating is given to products that recognise definition of health. The system rates foods on a scale of five stars, which international groups use as a benchmark.
FT claimed as per the document, out of the companys overall food and drinks portfolio, 70% of products including 96% of beverages (excluding pure coffee) failed to meet the health and nutrition standards.
FT said, Within its overall food and drink portfolio, about 70% of Nestles food products failed to meet that threshold, along with 96% of beverages ? excluding pure coffee ? and 99% of Nestles confectionery and ice cream portfolio.
However, water and dairy products had 82% of water and 60% of dairy above the threshold.
We have made significant improvements to our products . . .[but] our portfolio still underperforms against external definitions of health in a landscape where regulatory pressure and consumer demands are skyrocketing, quoted FT from the presentation.
However, the data didn’t include the companys baby formula, pet food, coffee, and the health science division, which the company produces for people with specific medical conditions. Moreover, these products itself comprised about half of Nestles Eu 84.35 billion total revenues.
Post the damaging report, the company said that it was reviewing its entire portfolio to update the nutrition and health strategy.
The company said it was working on a ?company-wide project? to update its nutrition and health strategy.
It said they were looking at its entire portfolio to ensure their products helped meet people’s nutritional needs.
Meanwhile, in a statement on Tuesday, a Nestlé India spokesperson said, Nestlé India believes that nutrition is a fundamental need and the food industry has a vital role to play in enabling healthier lives. Driven by our purpose, we are constantly striving to increase the nutrient profile of our products, as well as innovate with new and nutritious offerings.
With 7000 luxury cars, gold fitted private jets, Sultan of Brunei has everything money can buy
With a personal wealth of £15 billion (approx rupees one lakh crore) Sultan of Brunei Hassanal Bolkiah (76) has been the king for over 54 years now. Sultans huge fortune is said to increase by £80 (₹7000) per second from just oil assets that he possesses. The Sultan is the second wealthiest monarch in the world after the King of Thailand
Flew his hairdresser via private jet for a £19,000 haircut!
Such has been the Sultans lifestyle that he once flew his barber in his private jet for a single haircut, which cost him a total of £19,000 (approx ₹16.5 lakh) Not just this but hes also known to have his polo shoes flown by his helicopter for a match.
Once court papers in 2012 revealed that he paid £1.26 million (approx. ₹10.92 crore) to his badminton coach, £1.25million (approx. ₹10 crore) for acupuncture, massage and spent £50,000 (approx. ₹ 43 lakh) on guards for his exotic birds.
The Sultan, who spends around £17million (approx. ₹147 crore) on just jewellery as presents for his family members, paid two of his housekeepers £7million (approx. ₹60 crore) each! Once, the Royal Family spent so much at London jewellers Asprey that, in 1995, he decided to buy the entire company at a cost of £320million (approx. ₹2700 crore)!
Multiple marriages, divorces
In 1965, the Sultan married his cousin Raja Isteri Pengiran Anak Hajah Saleha, with whom he has six children, including Crown Prince Al-Muhtadee.
The Sultan remarried, but Raja still remains his wife and the Queen Consort. He married Hajah Mariam in 1982 a year before first wife Queen Saleha gave birth to their sixth child. He met her while she was working as an airhostess on a national airline.
He divorced Hajah (who was the mother of four children) in 2003 and stripped her off her royal titles. He then married TV presenter Azrinaz Mazhar, with whom he had two children before they divorced in 2010.
Micheal Jackson performed for Sultan’s 6000 subjects on his birthday
Father of 12, Sultan celebrated the weddings of his five children for a week by spending millions on each wedding. When Sultans eldest son Crown Prince, married a teenager Sarah Salleh (17), she wore jewel-encrusted Christian Louboutin heels and pure gold anklet. His daughter, Princess Azemah, 38, married her first cousin in week-long wedding on January 25, 2023.
For his oldest daughter’s wedding, Princess Rashidah, American singer Whitney Houston was flown in to sing at the reception and the Sultan paid her £5.5million (approx. ₹47 crore).
Sultans 50th birthday in 1996 was celebrated for over 15 days that cost him over £20 million (₹173 crore). The extravagant celebrations comprised a polo match, gala dinner for 3,000 at the opulent Palace where caviar from the endangered beluga was served.
Apart from this, the guests enjoyed free-flow of champagne. Not just this, the Sultan paid Micheal Jackson £14 million (approx ₹120 crore), for which the pop singer performed at three concerts – one for Sultans 6000 subjects and two for his private guests. The Sultan as a token presented every guest of his a solid gold medal!
1788 rooms, 257 bathrooms, air-conditioned stable for ponies
The Sultan resides at the Instana Nurul Iman Palace, which is the largest Royal residence in the world. The residence that was built over two years costs over £1billion (approx. ₹8600 crore) that includes 1788 rooms and 257 bathrooms.
With gold and diamond all over, the residence has five huge swimming pools, a banquet hall that can accommodate over 5000 guests and a mosque with a capacity of 1500 people. Apart from all this, there’s also a fully air-conditioned stable for Sultans 200 polo ponies (small horses)!
Most expensive private house in UK
The Sultan owns a lavish house in Londons most expensive area Regent Park, St Johns Lodge that consists of three linked properties. The same property in London was bought for £40million in 1994 (estimated to be worth £110 million [approx. ₹953 crore]) by making it the most expensive private house in the United Kingdom!
Known for being generous in gifting huge properties to his family members, the Sultan also owns plush properties on the Gold Coast of Australia, Las Vegas, Los Angeles, to name a few.
The Sultan in 1997 gifted his playboy brother Prince Jefri a mansion worth £45 million (approx. ₹390 crore) in Las Vegas that has 92 rooms, 29 bedrooms, 42 bathrooms, a tennis court, three swimming pools and a huge garage that houses 11 cars.
7000 cars worth £5billion
With almost 7000 cars, the Sultan possess the world’s largest car collection that include over 600 Rolls Royce, 500 Mercedes, 450 Ferraris, 380 Bentleys, over 100 Koenigsegg, 21 Lamborghinis, 11 Aston Martins, 179 Jaguars and 209 BMWs. His £5billion (approx ₹43000 crore) collection also includes a 24-carat gold-plated silver Spur Limo used for Royal weddings.
Private jets decorated in gold
Not just cars, the Sultan is the proud owner of the £233 million (approx. ₹2000 crore) customised Boeing 747, with a living room and bedroom decorated in gold and crystals and washbasins of solid gold.
Apart from this, he also owns a customised Airbus worth £75m (approx. ₹649 crore) and a Boeing 767 worth £136m (approx. ₹1200 crore).
(PS: The figures are an approximate value calculated as per the current market price, which have been sourced from The Sun)
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