Seven Indian Cities See Growth In Number Of Super-Rich: Report

During the period, the number of multi-millionaires in Hyderabad increased from 160 to 510. In Bangalore the number increased from 140 to 440, Delhi (430 to 1,350), Chennai (130 to 390), Kolkata (210 to 570).

The report further said, "In terms of country performance, major countries that registered 200 per cent plus growth included: Russia, Brazil, China, India, Indonesia and Vietnam. All were emerging markets".

Meanwhile, the US has emerged as the top country in the world for resident multi-millionaires with 1,83,500 super-rich persons followed by China (26,600) and then Germany (25,400).

The report noted that over the past 10 years, worldwide multi-millionaire numbers have grown by 71 per cent.

A region-wise analysis shows that South America was the stand out, with multi-millionaire growth of 265 per cent over the 10-year period.

Other top performers included Australasia (182 per cent growth) and Africa (142 per cent growth).

As per the report, currently there are over 13 million millionaires in the world (as of December 2014) and around 495,000 of these individuals can be classified as multi-millionaires.

India has been ranked at the 8th place on the list with 14,800 multi-millionaires.

Hong Kong topped the ranking of cities for resident multi-millionaires, followed by New York and London. Mumbai was the only city on the list with 2,700 multi -millionaires.

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