According to WealthInsight research, there are 1,576 multi-millionaires in India (each with net assets of over US$30 million). Mumbai is home to 37% of these or 577 multi-millionaires.
According to WealthInsight analyst Shekhar Tripathi: “The number of multi-millionaires in India increased by 46% over the four year period between 2007 and 2011.”
Dehli has the 2nd highest number of Indian multi-millionaires (147 multi-millionaires) followed by Kolkata (126 multi-millionaires), Hyderabad (114 multi-millionaires) and then Bangalore (97 multi-millionaires).
The number of multi-millionaires in Pune, Maharashtra’s second city after Mumbai, grew by the largest margin (68%) over the period between 2007 and 2011. The number of multi-millionaires in Mumbai also grew by strongly over the period, by 59%.
According to WealthInsight analyst Sunil Agarwal: “Pune’s rise was aided by its proximity to Mumbai and by robust growth in the local automotive, manufacturing and technology sectors”
Number of multi-millionaires, 2011
|Delhi & New Delhi||