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Richest 10% of Indians own over 3/4th of wealth in India

Tuesday, October 23, 2018, 9:47 AM

The richest 10% of Indians own 77.4% of the country's wealth, says Credit Suisse in their 2018 Global Wealth Report. The bottom 60%, the majority of the population, own 4.7%. The richest 1% own 51.5% (chart 1 above). And its not some bleeding-heart NGO that's arrived at these figures, but a blue-blooded Swiss bank.

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