Business »  Topic »  India’s millionaire population grew slowest among top economies; added this many HNWIs last year

India’s millionaire population grew slowest among top economies; added this many HNWIs last year


61.6 per cent HNWIs globally were based in four economies including the US (59.0 lakh) followed by Japan (33.87 lakh), Germany (14.66 lakh), and China (13.17 lakh).

The US saw 11 per cent growth in the number of millionaires from 53.22 lakh in 2018 to 59.09 lakh in 2019.

India’s population of high net worth individuals (HNWI), having an investable wealth of $1 million (Rs 7.49 crore) or more, grew slowest among 23 leading nations globally such as the US, Japan, China, Spain, the UK, Saudi Arabia, Norway, Thailand, etc. From ...


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