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Indian Millionaires

India 3rd in list of centi-millionaires, to overtake China by 2032: Report

India ranks third in the world's first-ever global study on the rise of centi-millionaires -- individuals with assets of more than Rs 830 crore ($100 million), a new report has revealed

India 3rd in list of centi-millionaires, to overtake China by 2032: Report
Updated On : 20 Oct 2022 | 10:15 AM IST

1% of India's adult population likely to be millionaires by 2030: Report

According to HSBC Holdings Plc. report in Bloomberg, Singapore will take over Australia and have Asia's highest share of millionaires in the adult population by 2030

1% of India's adult population likely to be millionaires by 2030: Report
Updated On : 18 Aug 2022 | 5:39 PM IST

India's tally of crorepatis at 131,000 as 6,000 new ones added in FY22

There was also a significant rise in number of people who declared their income between Rs 10 lakh and Rs 1 crore, data from the Finance Ministry showed

India's tally of crorepatis at 131,000 as 6,000 new ones added in FY22
Updated On : 03 Aug 2022 | 11:40 AM IST

India to be fastest-growing wealth market over next decade: Henley study

Dollar millionaires and billionaires will grow by 80% over the decade in India

India to be fastest-growing wealth market over next decade: Henley study
Updated On : 14 Jun 2022 | 2:47 AM IST

Wealth-income mismatch: The curious case of India's missing millionaires

While India had 764,000 dollar-millionaires in 2019 by one account, just 316,000 filed tax returns declaring income of over $75,000. Large-scale I-T evasion may still be taking place, notes T N Ninan

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Updated On : 25 Mar 2022 | 11:13 PM IST

Dollar millionaires in India rise 11% in pandemic-hit 2021: Survey

Dollar millionaires or those possessing a personal wealth of over Rs 7 crore rose by 11% to 4.58 lakh households in India at the end of the pandemic-hit 2021, says a survey.

Dollar millionaires in India rise 11% in pandemic-hit 2021: Survey
Updated On : 18 Feb 2022 | 4:32 PM IST

More & more rich leaving India in search of better investment opportunities

Resident individuals can remit up to $250,000 a year outside India under the Liberalised Remittance Scheme

More & more rich leaving India in search of better investment opportunities
Updated On : 31 Jul 2021 | 6:05 AM IST

254 Indian millionaires used golden visa' route to UK in 12 years: Report

A total of 254 millionaires from India have used the so-called golden visa to settle down in the UK

254 Indian millionaires used golden visa' route to UK in 12 years: Report
Updated On : 12 Jul 2021 | 10:47 PM IST

India sees 20% increase in dollar millionaires in 2017, says report

The country's growth on both the number of HNIs and wealth is faster than the global average of 11.2% and 12%, respectively

India sees 20% increase in dollar millionaires in 2017, says report
Updated On : 20 Jun 2018 | 1:28 AM IST

6,000 Indian millionaires shifted overseas in 2016: Report

India is home to 2,64,000 millionaires and 95 billionaires

6,000 Indian millionaires shifted overseas in 2016: Report
Updated On : 22 Feb 2017 | 8:15 PM IST