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Hnwi News

12 Jul 2016

India home to 2,36,000 millionaires; to touch 5,54,000 by 2025

The number of millionaires in India is growing strongly and at the end of 2015 around 2,36,000 high net worth individuals were living in the country, with a combined wealth of USD 1.5 trillion, says a report.

Indian millionaire

26 Jul 2015

61,000 Indian millionaires shifted overseas in last 14 years: Report

A joint report by New World Wealth and LIO Global said the change in domicile, along with a rise in second citizenship applications, has increased dramatically since the turn of the century.

11 Sep 2014

60% family businesses struggling to find external finance: KPMG

Family businesses create more than 70 percent of global GDP, but their fund raising plans are "limited" as nearly 60 percent of such entities are struggling to find external finance to fund their investment plans, said a KPMG report.

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