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21 Nov 2017

No of millionaires to soar by over 50% by 2022: Report

The report further said the country would have 3,70,000 millionaires in 2022, up from 2,45,000 now, an increase of over 50 percent.

14 Nov 2017

Less than 10% of richest people now own 86% of global wealth, finds study

And since year 2000, the number of millionaires globally has increased 170 percent, while the number of people with more than $30 million to their name has ballooned five-fold to around 45,000 worldwide, the study showed.

Middle East private wealth

28 Oct 2015

Middle East private wealth to reach $7.2 trillion by 2018

The private wealth in the Middle East region will reach USD 7.2 trillion by the end of 2018, according to a report.

11 May 2015

Arun Pudur tops Asia's wealthiest under-40 list

Pudur, a 37-year-old native of Chennai, founded Celframe in 1998 after graduating from university, and the software firm now produces the world's second most popular word processor after Microsoft.

14 Jan 2015

Christians hold largest percentage of global wealth: Report

It said the total wealth held by Christians stood at USD 107,280 billion, which account for over 55 percent of worldwide wealth, followed by Muslims at the second place with wealth of USD 11,335 billion (5.8 percent) and Hindu (USD 6,505 billion, 3.3 percent).

10 Dec 2014

Worldwide GDP up 50% in 1992-2010: Report

There has been a significant increase of 50 percent in global wealth between 1990 and 2010, but it rose by only an "anaemic" 6 percent during this period if measured in terms of sustainable development.

14 Oct 2014

Global wealth soars to $263 trillion, as inequality swells: Study

Global wealth skyrocketed 8.3 percent over the past year to a record $263 trillion, but the distribution of the riches has also become increasingly unequal, a Credit Suisse report said Tuesday.

14 Oct 2014

'World's 1% richest people own nearly half of global wealth'

Almost half of the world's wealth is owned by just 1 percent of the world's population, according to a report.

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