Mint Quick Edit | India’s count of billionaires is on a roll

4 months ago

Mint Quick Edit | India’s count of billionaires is on a roll

One way of gauging how a country is faring is to track the wealth of its people. According to the latest Billionaire Ambitions Report of UBS, its count of billionaires rose to 185 in 2024, making India home to the third-largest group of individuals with over $1 billion in assets. For wealth expansion at the top of India’s pyramid to be sustainable, however, lower slabs need to do better. While wider equity ownership is a positive sign, the country’s median asset count, a figure that divides the population into upper and lower halves, is far below America’s. The “wealth effect" of fast-rising stock prices needs to be a more effective driver of broad consumption trends in India.

India Billionaire Count

How India saw a billionaire boom in just 10 years

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How India saw a billionaire boom in just 10 years

India

India's billionaires have wealth bigger than Saudi Arabia's GDP. Check details

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India's billionaires have wealth bigger than Saudi Arabia's GDP. Check details

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Hurun Global Rich List: Japan’s Shanghai overtakes Mumbai as Asia’s billionaire capital for first time

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Hurun Global Rich List: Japan’s Shanghai overtakes Mumbai as Asia’s billionaire capital for first time

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The collective wealth of Indian billionaires surpasses entire GDP of this oil-rich country

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The collective wealth of Indian billionaires surpasses entire GDP of this oil-rich country

Hindustan Times

Wealth

More than a fifth of super rich want to migrate out of India: Survey

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More than a fifth of super rich want to migrate out of India: Survey

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Equity analysis: India’s billionaire boom isn’t a sign of a hunky-dory economy

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Equity analysis: India’s billionaire boom isn’t a sign of a hunky-dory economy

India

India’s HNWI population to rise to 93,753 by 2028, from 85,698 in 2024: Knight Frank

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India’s HNWI population to rise to 93,753 by 2028, from 85,698 in 2024: Knight Frank

India

Number of ultra-rich Indians to rise 9.4% to 93,753 by 2028: Report

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Number of ultra-rich Indians to rise 9.4% to 93,753 by 2028: Report

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Global

Number of high-net-worth Indians set to rise towards 94,000 by 2028: Report

1 month ago

Number of high-net-worth Indians set to rise towards 94,000 by 2028: Report

India

India's millionaire population rise 6% in 2024; number of billionaire reaches 191: Knight Frank

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India's millionaire population rise 6% in 2024; number of billionaire reaches 191: Knight Frank

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India’s high-net-worth individuals grow 6% to 85,698, projected to hit 93,753 by THIS year: Knight Frank

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India’s high-net-worth individuals grow 6% to 85,698, projected to hit 93,753 by THIS year: Knight Frank

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Number of Indian billionaires touches 191 in 2024, Indian HNWIs rise 6% to 85,698: Knight Frank

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Number of Indian billionaires touches 191 in 2024, Indian HNWIs rise 6% to 85,698: Knight Frank

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Mint Quick Edit | Stock slide: Will the wealth effect dampen consumption?

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India

India ranks 3rd globally with 185 billionaires in 2024, wealth up 42%: Report

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India ranks 3rd globally with 185 billionaires in 2024, wealth up 42%: Report

India

Indian households build USD 9.7 trillion wealth in a decade, driving economic shifts: Morgan Stanley

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Indian households build USD 9.7 trillion wealth in a decade, driving economic shifts: Morgan Stanley

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Asia has a new richest person as India’s Mukesh Ambani unseated at top of billionaires’ list

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Asia has a new richest person as India’s Mukesh Ambani unseated at top of billionaires’ list

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'India Minted A New Billionaire Every 5 Days Last Year': 2024 Hurun India Rich List

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'India Minted A New Billionaire Every 5 Days Last Year': 2024 Hurun India Rich List

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Number of millionaires leaving India will reduce in 2024: Report

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Number of millionaires leaving India will reduce in 2024: Report

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India’s rich list: Gargantuan numbers reveal the real story

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India’s rich list: Gargantuan numbers reveal the real story

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India

Forbes Richest List 2024: India Adds 25 New Billionaires, Mukesh Ambani Tops In India, Gautam Adani At 2

1 year ago

Forbes Richest List 2024: India Adds 25 New Billionaires, Mukesh Ambani Tops In India, Gautam Adani At 2

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Mint Primer | Mind the income gap: Is India becoming a plutocracy?

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Mint Primer | Mind the income gap: Is India becoming a plutocracy?

India

Indian ultra-rich individuals projected to rise 50 per cent by 2028: Knight Frank Wealth Report

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Indian ultra-rich individuals projected to rise 50 per cent by 2028: Knight Frank Wealth Report

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India ranks 3rd globally in billionaires with 185 in 2024. 1st and 2nd are…: Report

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India ranks 3rd globally in billionaires with 185 in 2024. 1st and 2nd are…: Report

Hindustan Times

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Rs 27 lakh crore! That's how much wealth these 5 stocks created in 5 years

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Rs 27 lakh crore! That's how much wealth these 5 stocks created in 5 years

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Mukesh Ambani only Indian to feature among world's top 10 billionaires: Hurun Global Rich List – Firstpost

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Mukesh Ambani only Indian to feature among world's top 10 billionaires: Hurun Global Rich List – Firstpost

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China, US have 53% billionaires, India ranks the third

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China, US have 53% billionaires, India ranks the third

India

Hurun Rich List 2023: Rekha Rakesh Jhunjhunwala Tops List Among 16 New Indian Billionaires

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Hurun Rich List 2023: Rekha Rakesh Jhunjhunwala Tops List Among 16 New Indian Billionaires

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Number Theory: How rich are India’s richest – and how poor are the rest?

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Number Theory: How rich are India’s richest – and how poor are the rest?

Hindustan Times

India

Ultra-high net worth individuals in India up to 11%; third in billionaire population globally

3 years, 1 month ago

Ultra-high net worth individuals in India up to 11%; third in billionaire population globally

India

Number of Indian billionaires rose to 142 in 2021

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Number of Indian billionaires rose to 142 in 2021

New Indian Express

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Forbes list of 100 richest Indians sees 50% wealth rise, Mukesh Ambani retains top spot

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Forbes list of 100 richest Indians sees 50% wealth rise, Mukesh Ambani retains top spot

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Hurun Global Rich List 2021: Amidst Pandemic, India Added 40 More Billionaires Last Year

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Hurun Global Rich List 2021: Amidst Pandemic, India Added 40 More Billionaires Last Year

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India will grow to be among top 3 economies in two decades: Mukesh Ambani

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India will grow to be among top 3 economies in two decades: Mukesh Ambani

India

Combined wealth of 63 Indian billionaires higher than total Union Budget for financial year 2018-19: Report

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Combined wealth of 63 Indian billionaires higher than total Union Budget for financial year 2018-19: Report

Global

Combined total wealth of 63 Indian billionaires higher than the total 2018-19 Union Budget: Oxfam

5 years, 2 months ago

Combined total wealth of 63 Indian billionaires higher than the total 2018-19 Union Budget: Oxfam

Global

Wealth of 63 Indian billionaires more than 2019 Union Budget: Oxfam report

5 years, 2 months ago

Wealth of 63 Indian billionaires more than 2019 Union Budget: Oxfam report

Global

Meet world's richest family who gets richer by Rs 28 crore every hour, Rs 707 crore per day

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Meet world's richest family who gets richer by Rs 28 crore every hour, Rs 707 crore per day

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Asia still leads the world when it comes to minting billionaires

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Asia still leads the world when it comes to minting billionaires

Hindustan Times

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India's richest 1% get richer by 39% in 2018; just 3% rise for bottom-half: Oxfam

6 years, 2 months ago

India's richest 1% get richer by 39% in 2018; just 3% rise for bottom-half: Oxfam

India

Indian billionaires' wealth grew daily by Rs 2,200 cr last year: Oxfam

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Indian billionaires' wealth grew daily by Rs 2,200 cr last year: Oxfam

India

India’s richest 1% get richer by 39% in 2018; just 3% rise for bottom-half: Oxfam

6 years, 2 months ago

India’s richest 1% get richer by 39% in 2018; just 3% rise for bottom-half: Oxfam

India

Indian billionaires' fortunes swell by Rs 2,200 cr a day in 2018, top 1% richest getting richer: Study

6 years, 2 months ago

Indian billionaires' fortunes swell by Rs 2,200 cr a day in 2018, top 1% richest getting richer: Study

India

With just 3 pc rise for bottom-half, India's richest 1% get richer by 39 pc in 2018: Oxfam

6 years, 2 months ago

With just 3 pc rise for bottom-half, India's richest 1% get richer by 39 pc in 2018: Oxfam

India

Indian billionaires’ fortunes rose by ₹2,200 crore a day in 2018: Report

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Indian billionaires’ fortunes rose by ₹2,200 crore a day in 2018: Report

Hindustan Times

India

Wealth with Indian millionaires grew fastest in Asia in 2017

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Wealth with Indian millionaires grew fastest in Asia in 2017

India

India creates 7,300 more millionaires in one year worth $6 trillion; highest number of female billionaires at 18.6%, reveals study

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India creates 7,300 more millionaires in one year worth $6 trillion; highest number of female billionaires at 18.6%, reveals study

India

No Limits to Greed

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No Limits to Greed

Deccan Chronicle

India

India sees 20% rise in dollar millionaires in 2017, despite GST impact: Capgemini report

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India sees 20% rise in dollar millionaires in 2017, despite GST impact: Capgemini report

India

India sixth wealthiest country with total wealth of $8,230 billion

6 years, 10 months ago

India sixth wealthiest country with total wealth of $8,230 billion

China

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