India Home To 1.56 Lakh Millionaires: Report
BANGALORE: India became home to 1.56 lakh millionaires with 3,000 more joining the elite club in 2013, making the country the 16th most populous in terms of super-rich people worldwide, according to a report.
There were 1,56,000 high net worth individuals (HNWI) in India in 2013, while in 2012 the figure stood at 1,53,000, according to the World Wealth Report 2014, released by Capgemini and RBC Wealth Management.
India has been ranked 16th in the list of countries with the highest number of high net worth individuals. The US topped the chart with 40,06,000 millionaires, followed by Japan (23,27,000), Germany (11,30,000) and China (7,58,000) at the second, third and fourth places, respectively.
The top four countries account for more than half (59.9 percent) of the total HNWI population worldwide.
The world is home to 1.76 million millionaires with a collective net worth of $52.62 trillion - a 15 per cent increase in HNWI population over last year.
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