India’s super-rich population declined 18% in 2011,says survey

The number of super-rich in Asia-Pacific surpassed that of any other region for the first time last year,but the population of high networth individuals

Written by Press Trust Of India | New Delhi | Published:September 20, 2012 1:08 am

The number of super-rich in Asia-Pacific surpassed that of any other region for the first time last year,but the population of high networth individuals (HNWIs) in India witnessed a decline of 18 per cent amid sagging economic situation,says a survey.

The HNWI population — individuals with investable wealth of $1 million or more — in Asia-Pacific hit 3.37 million,surpassing North America for the first time and passing Europe for the second straight year,according to a Capgemini and RBC Wealth Management report.

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