Kumari Palany & Co

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India ranks 12 in terms of millionaire population

Posted on: 25/Jun/2016 11:38:06 AM
According to a report by Capgemini , India was ranked 12th with 2 Lakhs such high net worth individuals.
 
Last year, India was ranked 11th with 1.98 lakh such high networth individuals. This year their numbers have grown marginally to two lakh. 13 per cent of the global wealth managers feel that India has the biggest area of high net worth individual wealth expansion through 2025
 
This is the first time that Asia-Pacific is ahead of North America for both high networth individuals wealth and population.

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