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Billionaires in India set to double - Even as economic revival scenario in the country continues to look hazy, there will be no dearth of likely acceleration in the growth of ultra-high-net-worth individuals (UHNWIs) over the next decade.
India will see the number of UHNWIs double in the next 10 years, says a Knight Frank Wealth Report 2014.
The report shows the number of UHNWIs (with net assets of $30 million excluding primary residence) is set to grow significantly from 1,576 at present to 3,130, an increase of 99% by 2023.
Via InfoBlaze
