The people of India are only one percent of the world’s rich people. In the year affected by Covid, their number increased by 52 lakhs to 5.61 crores worldwide.
New Delhi. Despite a jump in the net assets of the very wealthy Mukesh Ambani, Gautam Adani, Cyrus Poonawalla and many others in India, the total wealth of the super-rich in the country in 2020, badly hit by the pandemic, declined by 4.4 percent to $ 12,830 billion from a year ago. Left. This fall has come because of the fall in the exchange rate of the rupee. According to a Credit Suisse Research Institute report, due to the fall in the rupee exchange rate, the number of wealthy people in India with a wealth of one million dollars in dollar terms has come down from 7,64,000 in 2019 to 6,98,000. During this period, his net worth declined by 4.4 percent, or $594 billion, to $12,833 billion.
The people of India are only one percent of the world’s rich people . In the year affected by Covid, their number increased by 52 lakhs to 5.61 crores worldwide. However, the report expects that by 2025, the number of such millionaires in India will grow by 81.8 percent to reach 1.3 million. The average wealth of every Indian adult in 2020 is $14,252. It grew at 8.8 percent annually from 2000 to 2020, compared to the global average of 4.8 percent during this period.
More than 4300 are very rich in the country
There are 4,320 super-rich in the country, with net assets of more than $50 million. According to Hurun India’s rich list, Reliance Industries chairman Mukesh Ambani earned Rs 90 crore per hour in 2020, or Rs 2,77,700 crore in the full year, taking his net worth to Rs 6,58,400 crore. At the same time, according to Bloomberg calculations, the wealth of Adani Group Chairman Gautam Adani increased by $ 16.2 billion during this period to $ 67.6 billion by mid-May.
The number of millionaires has increased worldwide
According to a report by Credit Suisse, the global wealth of the world’s rich increased by $ 28,700 billion to $ 4,18,300 billion due to the correction in the market after losing $ 17,500 billion due to the sharp fall in the market due to Corona in the first quarter of 2020. At the same time, the number of millionaires in the world increased by 52 lakhs to 5 crores 61 lakhs. As a result of this increase, an adult would need a net worth of $1 million to be among the top one percent of the world’s wealthiest people, compared to $9,88,103 in 2019.
1 percent become a millionaire
For the first time in the year 2020, more than one percent of the world’s adults became millionaires in dollar terms. Among the world’s wealthiest countries, North America added $12,400 billion during the year, Europe $9,200 billion, China $4,200 billion and Asia Pacific (excluding China and India) added $4,700 billion .
