Billionaires List: India Stands 5th Among the Top 10 Countries..!


India stands 5th among the top 10 countries with the largest number of billionaires with 122 and the number is expected to double by 2022.

According to Knight Frank India research, Mumbai has secured the 7th spot in the list of top global cities with a HNWI population.

Presently, Mumbai has 2, 105 HNIWs and is expected to touch 4,988 with a 137 % rise by 2022.

Delhi is not too far behind Mumbai; it ranks 11th with a current HNWI population of 1945 which is likely to grow by 120% and reach 4278 by 2022.

The big jump in billionaires is expected to give India - along with China & Japan - the highest number of HNWIs in Asia by 2022.

Across Asia, the number of HNWIs is set to rise 88 % over the next decade, the joint highest rate of growth in any world region.

Wealth Tax abolished from 2015-16
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