India Ranks 15th In The World With 1.75 Lakh Millionaire Households


BANGALORE: There are 1.75 lakh millionaire households in India says the recent survey conducted by Boston Consulting Group titled 'Riding a Wave of Growth: Global Wealth 2014'.

Ranked 15th in the list of countries with the most number of households, India has moved one position up from 16 from 2012. From the 13.7 million people in 2012, the numbers have improved to 16.3 million in 2013,

That is not all; India is also expected to become the seventh wealthiest nation by 2018. This should get Indians excited as the country is currently nowhere is close to the top ten wealthiest nations.

U.S. has the highest number of millionaire households with 7.1 million. The country should be proud that it has 1.1 million latest entries into the millionaires list. China has also been on a high with 2.4 millionaire households in 2013 compared to 1.5 million in 2012.

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