New World Wealth, a South Africa-based global market research group, in its latest report, confirms India’s seat at the top table of the world’s wealthiest nations. As India’s number of ‘high net worth individuals’ grows at a dizzying pace, vast swathes of the country are left farther behind. The wealth concentrated in Mumbai, for instance, makes it one of the 15 richest cities in the world. The ‘total’ wealth of countries in the report refers to estimates of private wealth, the assets of individual citizens including property, cash, equities and business interests.
6 India’s rank among richest nations, with $8,230 billion in total wealth; the US at $64,584 billion tops the list
25% Rise in India’s wealth since 2016 (160% since 2007), the fastest growing; China, growing at 22%, was…
