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India ranks third in the population of billionaires

Category : International
Published on: March 04 2022 Share on facebook

  • India is ranked 3rd in terms of most number of billionaires’ population globally in 2021, as per the Knight Frank’s latest edition of The Wealth Report 2022.
  • The list has been topped by the United States (748) and China (554) respectively.
  • The number of ultra-high-net-worth-individuals (UHNWIs) in India increased by 11% YoY in 2021 to 145 billionaires, the highest percentage growth in Asia Pacific (APAC) region.
  • UHNWIs are individuals with net assets of US$ 30m or more (Rs 226 crore).
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