India sixth wealthiest country in the world
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Home of multi-millionaires
The report further noted that India, is home to 3,30,400 high net worth individuals (individuals with USD 1 million or more in net assets). Globally, India was ranked 9th in this aspect while US topped the list with 50,47,400 HNWIs (high-net-worth individuals).
India is also home to 20,730 multi-millionaires, 7th largest in the world. And in terms of resident billionaires, India with 119 such individuals was named among the top three countries globally, after the US and China.
A billionaire is defined as an individuals with USD 1 billion or more in net assets.
India is also home to 20,730 multi-millionaires, 7th largest in the world. And in terms of resident billionaires, India with 119 such individuals was named among the top three countries globally, after the US and China.
A billionaire is defined as an individuals with USD 1 billion or more in net assets.