Change in number of UHNWIs in India 2020-2028

Published by
Manya Rathore,
Oct 8, 2024

From 2022 to 2023, there was around six percent growth in the number of ultra-high-net-worth individuals (UHNWI) in India. Individuals owning assets worth more than 30 million U.S. dollars are considered UHNWI. The growth was expected to reach about 50 percent by 2028.

Change in number of ultra-high-net-worth individuals in India from 2020 to 2023, with estimates for 2028

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Release date

March 2024

Region

India

Survey time period

2020 to 2023

Supplementary notes

*Estimate 

UHNWI population refers to individuals with wealth more than 30 million U.S. dollars.

One Indian rupee equals 0.011 euros and 0.011 dollars (as of June 2024).

Values have been rounded for clarity.

Previous reports have been accessed for historical data.

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