Ultra High Networth Individuals

For Indians, Dubai and Singapore are popular destinations. Significantly, Singapore recently opened an agency to welcome family wealth management firms

The dramatic fall was because contributions by the Azim Premji Foundation dropped by Rs 9,000 cr

Apart from investing in housing, Indians are also applying for 'jumbo life and term' insurance covers worth $20 million

RIL Chairman Mukesh Ambani is setting up a family office. It's a trend among wealthy Indian families who set up such entities, often overseas. Find out why the India's super wealthy are looking abroad

Rare Investments, the investment arm of late Rakesh Jhunjhunwala acquired 4.25 million equity shares or 7.91 per cent stake in Singer India on Tuesday, showed block deal data

UHNI is classified as those with a networth of over Rs 1,000 crore, making donations of over Rs 5 crore

Nearly 30 per cent wealth of Indian ultra-high-net-worth individuals (UHNWIs) was allocated towards purchase of principal and second housing properties last year, according to Knight Frank.

The scramble for charter air services in the second Covid-19 wave was similar to that seen during the first wave

The report titled, 'Turning Ideas to Gold', also noted that India could add 95 new tech unicorns to its 56-strong unicorn pool by the same time period.

Majority of funds now open for subscription have no lock-in

UHNIs should make succession planning top priority

The report is by Knight Frank, an international property consultancy firm

As many as 91% of the ultra-rich are expecting a massive increase in their wealth over the next five years

The billionaires club in India, according to Knight Frank, is expected to increase significantly by 43 per cent to 162 by 2025 from the current 113 in 2020

The man behind Zerodha has now made a mark catering out to ultra HNIs with a new outfit that takes forward the group's value proposition of transparency

India ranks 12th and had 5,986 such individuals in 2019, which is likely to reach 10,354 by 2024.

The staff will be employed at the family's new luxurious mansion, bought so that the daughter won't have to stay in general student accommodation during her four years at the University

The total wealth of the ultra HNIs, or those with a networth of over Rs 25 cr, grew by five per cent to Rs 1.35 lakh cr