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India ranks 3rd in absolute increase in UHNWI population over the next 10 years

India ranks 3rd in absolute increase in UHNWI population over the next 10 years

June 2016

Knight Frank has released its 10th edition of the Wealth Report, which provides a unique insight into the attitude of ultra-high-net-worth individuals (UHNWIs) towards property and investments.

Findings reveal that in the last 10 years, billionaire counts in India jumped by 333% to 78 people; global growth was just 68% to 1,919 people.

In the last 10 years, UHNWI count in India rose by 340% to 6,020 people; global growth was just 61% to 1,87,468 people.

India will account for 5% of the total UHNWI population and 6% of the billionaire population across the world by 2025, and ranks 3rd in absolute increase in UHNWI populations over the next 10 years; after US (1st) and China (2nd).

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