The study claims that in five years (2023 to 2028), the number could increase by almost 50% to 19,908. The world’s highest rate of population growth is observed here. Of their investable wealth, those billionaires are spending seventeen percent on opulent items.
According to consultant Knight Frank, the number of super-rich individuals in India (having total assets of more than $30 million, or roughly Rs. 249 crore), climbed by 6% to 13,263 last year from 2022.
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According to the survey, the number could rise to 19,908 in five years (2023 to 2028), an almost 50% increase. The world’s highest rate of population growth is observed here. Of their investable wealth, those billionaires are spending seventeen percent on opulent items. The top clock. Next, jewelry and pictures. There are also coins, rare whiskey, wines, cars, handbags, and furniture. 32 percent of housing costs. This year, 12% plan to purchase a new house. According to the report’s CMD, Shishir Baijal of Knight Frank, ninety percent of billionaires anticipate seeing a rise in their wealth this year as a result of India’s booming economy.
