Categories: Ranks & Reports

Hurun India Wealth Report: India’s millionaire households rose 11% in 2021

According to the latest Hurun India Wealth Report 2021, the number of dollar-millionaire households in India increased by 11 per cent to 4,58,000 households in 2021, as compared to 2020. A household having a net worth of at least INR 7 crore ($1 million), is referred to as a dollar-millionaire household. The report has estimated that the number of dollar-millionaire households in the country shall increase by 30% over the next five years to reach 6,00,000 households in 2026.

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Key points of the report:

Meanwhile, in the list of cities with the most millionaires, Mumbai has topped with 20,300 millionaires households. Mumbai is followed by Delhi with 17,400 and Kolkata with 10,500 millionaire households, respectively.
The report is based on the survey on 350 Indian ‘millionaires’ (individuals with a personal wealth of $1 million).

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.