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Ultra-high networth population in India may rise 63% in 5 yrs: Knight Frank

The billionaires club in India, according to Knight Frank, is expected to increase significantly by 43 per cent to 162 by 2025 from the current 113 in 2020

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Whilst Indonesia boasts of a 67 per cent growth in its UHNWI population during this period, which is the highest globally, India’s UHNWI population will be 10 times that of Indonesia, the report suggests

Puneet Wadhwa New Delhi

3 min read Last Updated : Feb 24 2021 | 3:24 PM IST

The number of ultra-high networth individuals (UHNWIs) – those with $30 million or more – is likely to rise 63 per cent in India in the next five years to 11,198 in 2025, predicts the Knight Frank Wealth Report 2021. The pace of growth back home is far higher as compared to the 27 per cent rise in their population globally at 663,483 during this period.

The billionaires club in India, according to Knight Frank, is expected to increase significantly by 43 per cent to 162 by 2025 from the current 113 in 2020. The growth has outpaced global average

Topics : Knight Frank ultra high networth individuals Billionaire club Markets

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