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How much money is super rich in India?
There were 4,320 ultra-high networth individuals with net worth exceeding USD 50 million. Reliance Industries Chairman Mukesh Ambani had earned Rs 90 crore every hour or Rs 2,77,700 crore in 2020, taking his overall wealth to Rs 6,58,400 crore, according to the Hurun India Rich List.
Where do the rich stay in India?
In 2019, Mumbai was home to the highest number of millionaires, followed by India’s capital New Delhi, and the IT capital – Bengaluru. This comes as no surprise since all three cities have the largest share of high net worth households along with a booming economic outlook.
What do millionaires do with their money?
No matter how much their annual salary may be, most millionaires put their money where it will grow, usually in stocks, bonds, and other types of stable investments. Key takeaway: Millionaires put their money into places where it will grow such as mutual funds, stocks and retirement accounts.
Are there rich parts of India?
Delhi, the capital of India, is one of the most wealthiest cities in the world with an estimated GDP of $293.6 billion. Delhi is one such city that has developed rapidly in the previous years without losing its traditional touch.
Which bank is used by richest in India?
As of March 2021, HDFC Bank was the leading Indian private bank with total assets over 15 trillion Indian rupees. Within the banking sector, HDFC bank comes second after the public State Bank of India which is worth nearly 40 trillion Indian rupees in terms of assets during the same time period.
Who is richer Ambani or Jhunjhunwala?
Ambani remains the wealthiest Indian for the 14th year in a row—since 2008—adding $4 billion to his net worth in 2021….Take a look at Forbes India Rich List 2021:
| Rank | 36 |
|---|---|
| Name | Rakesh Jhunjhunwala |
| Net Worth (In $ Billion) | 5.5 |
| Company | Rare Enterprises |