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Wealth of 9 in every 10 ultra-rich Indians rose in '22: Knight Frank report

This was more than the global average where 4 in every 10 UHNWI saw wealth growth

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Raghav Aggarwal New Delhi
The wealth of nine out of every 10 ultra-high-net-worth individuals (UHNWIs) in India increased in 2022, according to a report by real estate company Knight Frank. This is more than double the global average where four in every 10 enjoyed wealth growth.

According to the "Wealth Report 2023 Attitude Survey: India Findings" released on Monday, 35 per cent of the UHNWI Indians saw their wealth change by over 10 per cent.

"While the prolonged economic and geopolitical crisis continued to weigh down most of the prominent economies, India's resilient economic performance allowed the country to beat global trends