The statistic illustrates the results of a survey among ultra high net worth households or UHNHs across India in 2016 about their usage of wealth. Investment into primary business accounted for about 23 percent of total UHNH wealth, while discretionary expenses accounted for about 15 percent of total wealth use during the survey period.
Share of ultra high net worth households (UHNHs) across India in 2016, by wealth usage type*
Among ultra high net worth individuals across 12 cities in India
Method of interview
Face-to-face interview
Supplementary notes
*The source defines an ultra high net worth household (UHNH) as a household with a minimum net worth of 250 million Indian rupees, mapped over 10 years.
Note: One Indian rupee is equal to 0.015 U.S. dollars and 0.014 euros (as of December 2016).
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Kotak Mahindra Bank. (July 28, 2016). Share of ultra high net worth households (UHNHs) across India in 2016, by wealth usage type* [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/650197/millionaire-households-in-india-wealth-use-by-type/
Kotak Mahindra Bank. "Share of ultra high net worth households (UHNHs) across India in 2016, by wealth usage type*." Chart. July 28, 2016. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/650197/millionaire-households-in-india-wealth-use-by-type/
Kotak Mahindra Bank. (2016). Share of ultra high net worth households (UHNHs) across India in 2016, by wealth usage type*. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/650197/millionaire-households-in-india-wealth-use-by-type/
Kotak Mahindra Bank. "Share of Ultra High Net worth Households (Uhnhs) across India in 2016, by Wealth Usage Type*." Statista, Statista Inc., 28 Jul 2016, https://www.statista.com/statistics/650197/millionaire-households-in-india-wealth-use-by-type/
Kotak Mahindra Bank, Share of ultra high net worth households (UHNHs) across India in 2016, by wealth usage type* Statista, https://www.statista.com/statistics/650197/millionaire-households-in-india-wealth-use-by-type/ (last visited November 23, 2024)
Share of ultra high net worth households (UHNHs) across India in 2016, by wealth usage type* [Graph], Kotak Mahindra Bank, July 28, 2016. [Online]. Available: https://www.statista.com/statistics/650197/millionaire-households-in-india-wealth-use-by-type/
