India home to 1.98 lakh millionaires: Report

The 'World Wealth Report 2015', released by Capgemini and RBC Wealth Management says there were 1,98,000 HNWIs in India in 2014, while in 2013 the figure stood at 1,56,000.

By: Express Web Desk | New Delhi | Updated: September 16, 2015 10:48 am
India millionaires, world wealth report 2015, world millionaires The ‘World Wealth Report 2015’, released by Capgemini and RBC Wealth Management says there were 1,98,000 HNWIs in India in 2014, while in 2013 the figure stood at 1,56,000.

India contains the 11th largest population of millionaires with 1.98 lakh such high net-worth individuals, as falling oil prices and “constructive” election results helped the country post the biggest gains interms of their number and total wealth during 2014, according to a report.

The ‘World Wealth Report 2015’, released by Capgemini and RBC Wealth Management says there were 1,98,000 HNWIs in India in 2014, while in 2013 the figure stood at 1,56,000.

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