Tuesday, June 28, 2005
Number of millionaires grows in India
siliconindia.com: "Number of millionaires grows in India
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Friday, June 10, 2005
NEW DELHI: India registered a 14.6 percent increase in the number of high-net-worth individuals [people with as net worth of at least $1 million, excluding their primary residence] as the word's high-net worth wealth grew strongly in 2004.
Led by Asia and North America, the world's high-net-worth wealth grew for the second consecutive year, increasing 8.2 percent to $30.8 trillion, according to the World Wealth Report 2005, released in New York by Merrill Lynch and Capgemini.
The number of high-net-worth individuals grew by 7.3 percent to 8.3 million, a net increase of 600,000 worldwide.
Asia-Pacific's growth rate of over 8 percent [with 2.3 million HNWIs] was twice that of Europe.
India, which had 61,000 HNWIs in 2003, registered a 14.6 percent increase last year, taking the number to 70,000.
agencies "
Print this article
Email this article
Write to editor
Friday, June 10, 2005
NEW DELHI: India registered a 14.6 percent increase in the number of high-net-worth individuals [people with as net worth of at least $1 million, excluding their primary residence] as the word's high-net worth wealth grew strongly in 2004.
Led by Asia and North America, the world's high-net-worth wealth grew for the second consecutive year, increasing 8.2 percent to $30.8 trillion, according to the World Wealth Report 2005, released in New York by Merrill Lynch and Capgemini.
The number of high-net-worth individuals grew by 7.3 percent to 8.3 million, a net increase of 600,000 worldwide.
Asia-Pacific's growth rate of over 8 percent [with 2.3 million HNWIs] was twice that of Europe.
India, which had 61,000 HNWIs in 2003, registered a 14.6 percent increase last year, taking the number to 70,000.
agencies "
// posted by Shri H @ 6:48 PM 
