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6,000 millionaires in India moved abroad in 2016

6,000 millionaires in India moved abroad in 2016

Thursday, February 23, 2017, 3:41 PM

According to the New World Wealth report, 6,000 millionaires in India have moved abroad in 2016. It is 50% more than the previous year, while in 2015 as many as 4,000 millionaires had shifted abroad. The total wealth held in India, amounts to $6.2 trillion (as of December 2016) and the country is home to 264,000 millionaires and 95 billionaires.
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