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India have 3.43 lakh millionaires, 7,300 added in 12 months

The country added 7,300 more millionaires during the 12 months to mid-2018 and the total number of millionaires to 3.43 lakh, according to Credit Suisse’s 2018 global wealth report. It added that 91% of the adult population in India has wealth below $10,000, by 2023, the wealth of Indian millionaires is expected to grow by 8 per cent per annum to reach USD 8.8 trillion, China is home to the second largest number of wealthy households, having added USD 2.3 trillion to reach USD 52 trillion.

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October 19 2018
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