11-Nov-2011

Creating Vast Net Wealth

India continues its rise as an economic superpower, creating vast net wealth along the way. After analyzing data from a wide range of government and banking sources, alongside conducting detailed explorations of proprietary research and media reports, Wealth-X estimated the presence of at least 8,200 individuals or families in India worth more than US$30 million. The collective net worth of India’s ultra high net worth category is at least US$945 billion when accounting for shares in public and private companies, residential and investment properties, art collections, planes, cash and other invertible assets.

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