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India's super rich population to grow 73% over 5 years: Report

India's super rich population to grow 73% over 5 years: Report

Thursday, March 5, 2020, 5:27 PM

Despite rising geopolitical tensions, slow growth forecasts and uncertainty remaining the norm in 2019, 51% of the Ultra-wealthy Indians experienced an increase in their fortune. The number of Ultra high-net-worth individuals (UHNWIs) in India is estimated to grow by a whopping 73% in the next five years, almost doubling the count to 10,354 from 5,986 in 2019, according to Knight Frank's Wealth Report 2020.
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