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Billionaires

Inequality among Indian rich higher than anywhere else

Inequality among Indian rich higher than anywhere else
In India for every one billionaire there were just 26 ultra high net-worth individuals whose net assets are over $30 million excluding their primary residence. While in Japan for every billionaire there were 609 UHNIs and in Brazil and South Africa the ratio was1:129 and 1:119 respectively because these markets are in initial stage. Worldwide [...] Continue Reading »

Crorepati tax payers!

Crorepati tax payers!
Indore Income Tax department is all set and ready to reveal the list of crorepati taxpayers. It seems that Indore city is witnessing unending list of billionaires. According to the income tax department, number of crorepati taxpayers has raised from 195 to 260 for the year 2011. These rich people are also generating lots of [...] Continue Reading »



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