The statistic depicts the result of a survey among ultra high net worth households (UHNHs) across India about the ways to groom potential business successors in 2016. The most common way to prepare successors was education with about 45 percent, followed by on-ground mentoring with about 24 percent.
Methods of grooming potential successors 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). Methods of grooming potential successors among ultra high net worth households (UHNHs) in India in 2016 [Graph]. In Statista. Retrieved December 12, 2024, from https://www.statista.com/statistics/684166/millionaire-households-in-india-groom-potential-successors/
Kotak Mahindra Bank. "Methods of grooming potential successors among ultra high net worth households (UHNHs) in India in 2016." Chart. July 28, 2016. Statista. Accessed December 12, 2024. https://www.statista.com/statistics/684166/millionaire-households-in-india-groom-potential-successors/
Kotak Mahindra Bank. (2016). Methods of grooming potential successors among ultra high net worth households (UHNHs) in India in 2016. Statista. Statista Inc.. Accessed: December 12, 2024. https://www.statista.com/statistics/684166/millionaire-households-in-india-groom-potential-successors/
Kotak Mahindra Bank. "Methods of Grooming Potential Successors among Ultra High Net worth Households (Uhnhs) in India in 2016." Statista, Statista Inc., 28 Jul 2016, https://www.statista.com/statistics/684166/millionaire-households-in-india-groom-potential-successors/
Kotak Mahindra Bank, Methods of grooming potential successors among ultra high net worth households (UHNHs) in India in 2016 Statista, https://www.statista.com/statistics/684166/millionaire-households-in-india-groom-potential-successors/ (last visited December 12, 2024)
Methods of grooming potential successors 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/684166/millionaire-households-in-india-groom-potential-successors/
