The statistic depicts the result of a survey among ultra high net worth households (UHNHs) across India about their spending share on art in 2016. For instance, about 85 percent of ultra high net worth households in India spent less than one million Indian rupees on art purchases during the survey period.
Distribution of art purchase spending among ultra high net worth households (UHNHs) in India in 2016
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 March 2017).
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Kotak Mahindra Bank. (July 28, 2016). Distribution of art purchase spending among ultra high net worth households (UHNHs) in India in 2016 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/684035/millionaire-households-in-india-spending-on-art-purchases/
Kotak Mahindra Bank. "Distribution of art purchase spending among ultra high net worth households (UHNHs) in India in 2016." Chart. July 28, 2016. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/684035/millionaire-households-in-india-spending-on-art-purchases/
Kotak Mahindra Bank. (2016). Distribution of art purchase spending among ultra high net worth households (UHNHs) in India in 2016. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/684035/millionaire-households-in-india-spending-on-art-purchases/
Kotak Mahindra Bank. "Distribution of Art Purchase Spending among Ultra High Net worth Households (Uhnhs) in India in 2016." Statista, Statista Inc., 28 Jul 2016, https://www.statista.com/statistics/684035/millionaire-households-in-india-spending-on-art-purchases/
Kotak Mahindra Bank, Distribution of art purchase spending among ultra high net worth households (UHNHs) in India in 2016 Statista, https://www.statista.com/statistics/684035/millionaire-households-in-india-spending-on-art-purchases/ (last visited December 21, 2024)
Distribution of art purchase spending among ultra high net worth households (UHNHs) in India in 2016 [Graph], Kotak Mahindra Bank, July 28, 2016. [Online]. Available: https://www.statista.com/statistics/684035/millionaire-households-in-india-spending-on-art-purchases/
