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Millionaires

Millionaires of India preferring to buy second home in global financial centres

Millionaires of India preferring to buy second home in global financial centres
India’s multi-millionaires prefer to buy their second homes in leading global financial centres, including London, New York and Singapore, says a report. According to a report by New World Wealth, the bulk of London’s second home buyers come from the rest of the UK and Europe and a substantial number also came from China, India, [...] Continue Reading »

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 »



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