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India ranks 3rd in billionaire population globally Knight Frank

Highlights:

  • According to Knight Frank’s latest edition of The Wealth Report 2022, India is ranked 3rd in terms of most number of billionaires’ population globally in 2021.
  • The number of ultra-high-net-worth-individuals (UHNWIs) in India increased by 11% YoY in 2021 to 145 billionaires, the highest percentage growth in the Asia Pacific (APAC) region. UHNWIs are individuals with net assets of US$ 30m or more (Rs 226 crore).
  • The list has been topped by the United States (748) and China (554) respectively.
  • Bengaluru recorded the highest growth in the number of UHNWIs in 2021 at 17.1% to 352 billionaires. 
  • It was followed by Delhi (12.4% to 210) and Mumbai (9% to 1596) in 2021.
Top 5 countries with the most number of billionaires in 2021:
  • Billionaires   -  2021
  • United States  -  748
  • China  -   554
  • India  -  145
  • Germany  - 136
  • Russia -  121