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  • With 14,800 Multimillionaires, India at No. 8 on Global list

    With 14,800 Multimillionaires, India at No. 8 on Global list:

    With 14,800 multimillionaires India is now at number 8 spot on the latest global list of multimillionaires.

    The latest wealth index by New World Wealth is based on the information of individuals with net assets of at least $10 million to calculate the index.

    The US tops the list with 183,500 people worth over $10 million, followed by China (26,600), Germany (25,400), UK (21,700), Japan (21,000), Switzerland (18,300) and Hong Kong (15,400).

    Mumbai with 2,700 multimillionaire is the only Indian city in the top 30 cities. Hong Kong top the list for city with 15,400 multimillionaire, followed by New York (14,300), London (9,700), Moscow (7,600), Los Angeles (7,400) and Singapore (6,600).

    According to regional Wise performance, South America tops with multi-millionaire growth of 265% over the 10-year period. Other top performers included Australasia (182% growth) and Africa (142% growth).

    In terms of country performance, major countries that registered 200% plus growth included Russia, Brazil, China, India, Indonesia, Vietnam and Angola.

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