Bigger India
India Will Have More Demi-billionaires by 2022 Than The UK And France, Says Study
The country would see the number of demi-billionaires rise from 200 in 2017 to 340 by 2022. The report expects India, the world's second largest economy, to grow at a higher pace, which will push more Indians into the $500-million club.
India will see around 70 per cent rise in a number of demi-billionaires (or those with a net worth of $500 million) in the next three years on the back of strong economic growth and increasing asset prices, a recent report by Knight Frank has said.