In the last 10 years, UHNWI count in India rose by 340 percent.
Zee Media Bureau
New Delhi: India is expected to account for five per cent of the total ultra high net worth individuals (UHNWIs) in the world by 2025, a study said.
According to 'Knight Frank Wealth Report 2016', the country's share in the total number of billionaires is also expected to rise to six per cent by 2025.
In the last 10 years, the billionaire count in India jumped nearly fourfold to 78, while the global growth was just 68 per cent at 1,919.
Similarly, UHNWI count over the period rose by 340 per cent to 6,020 people, compared to the global growth of 61 per cent at 1,87,468.