Categories: Ranks & Reports

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:

Billionaires 2021
United States 748
China 554
India 145
Germany 136
Russia 121

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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.

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