Knight Frank: India ranks 3rd in billionaire population globally

India is ranked 3rd in terms of most number of billionaires’ population globally in 2021, as per Knight Frank’s latest edition of The Wealth Report 2022. 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).

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Globally:

• The list has been topped by the United States (748) and China (554) respectively.

Indian City-wise:

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:

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