Driven by India and China, Asia's millionaires to become world's richest: Report
Driven by India and China, Asia's millionaires to become world's richest: Report

The combined wealth of Asia Pacific's super rich will surpass its 2014 total of $15.8 trillion and overtake that of their North American counterparts -- currently the world's richest group with a shared wealth of $16.2 trillion last year, the study said.

61,000 Indian millionaires shifted overseas in last 14 years: Report

A joint report by New World Wealth and LIO Global said the change in domicile, along with a rise in second citizenship applications, has increased dramatically since the turn of the century.

P-Notes cover lost ground, investments race to over 7-year high

Investments through participatory notes (P-Notes) into India's capital market stood at Rs 2.85 lakh crore (about USD 45 billion) at the end of May, the highest level in more than seven years.

China now home to 1 million 'super rich': Report

The number of high net worth individuals (HNWIs) in China has passed the one million mark for the first time last year following a surge in the "innovative industries" sector, a study has shown.

Christians hold largest percentage of global wealth: Report

It said the total wealth held by Christians stood at USD 107,280 billion, which account for over 55 percent of worldwide wealth, followed by Muslims at the second place with wealth of USD 11,335 billion (5.8 percent) and Hindu (USD 6,505 billion, 3.3 percent).

India has highest share of HNWIs wanting to give back to society: Report

According to the World Wealth Report 2014, more than 90 percent of India's HNWIs seek to achieve more than just monetary returns while managing their wealth.

Religare to buy Macquarie stake in wealth management JV

The equal partnership joint venture was formed in 2007 to serve High Net Worth individuals (HNI) client base in the country.

India records 2nd highest growth of millionaires in 2012

The world is home to 1.2 crore millionaires, with India clocking the second highest growth of 22.2 percent in its HNI population last year after Hong Kong.

India's HNWI population set to reach 4.2 lakh by 2015: Report

"Domestic demand, supported by robust job growth, remains a key pillar to Asia's growth dynamics," it added.

India to treble HNI population by 2018: Report

India and China are likely to
treble the high net worth individuals` population and add USD
four trillion to its wealth by 2018, leading its growth in the
Asia-Pacific region, a report said.