Wealth Report 2022: India ranks 3rd in billionaire population globally

According to the latest edition of Knight Frank’s Wealth Report 2022, India ranks 3rd in terms of the largest number of billionaire population globally in 2021.

India 3rd ranks in terms of population of billionaires globally in 2021. The number of ultra-high-net-worth-individuals (UHNWIs) in India grew by 11% to 145 billionaires in 2021, the highest percentage increase. Asia Pacific (APAC) region. UHNWIs are individuals who have a net worth of US$30m or more (Rs 226 crore).

Top 5 countries with the largest number of billionaires in 2021:

United States 748
China 554
India 145
Germany 136
Russia 121

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