Tuesday, November 24, 2020

How many millionaires and billionaires are there in India?

 Let us know how many millionaires and billionaires are there in India.  There is a lot of unemployment and poverty in the country of India with a population of more than 125 crores, but on the contrary there is no shortage of millionaires as well and this is a proof of income tax  to be paid every year by people.

India ranks fourth in the list of richest countries in Asia Pacific.  Let us tell you which cities of India are the richest and how many millionaires are there in India.

How many millionaires and billionaires are there in India?

Although the number of millionaires in India is not more than that of the big countries of the world, but they also include many people who have so much money that they pay tax of crores of rupees every year.  India is very backward in terms of per capita income, let us tell you that according to a report, the per capita income in India is 2.37 lakh rupees.

In a survey conducted last year, the total number of billionaires in India was 1 lakh 98 thousand but now this number has increased to 2.64 lakhs whereas the total number of billionaires in India is 95.  This means that India currently has 2.64 lakh millionaires and 95 billionaires.

If we talk about the richest cities in India, then the name of Mumbai comes at the top, followed by Delhi and Bengaluru at the second and third place.  Delhi's total wealth is estimated at $ 450 billion, which includes 23,000 millionaires and 18 billionaires.  Apart from this, the total number of millionaires in Bengaluru is 7,700 whereas the people here are 8 billionaires.  It is followed by Hyderabad at number four, the richest city with 9 million and 6 billionaires.

Apart from these, Kolkata has 9,600 millionaires and 4 billionaires, while Pune has 4,500 millionaires and 5 billionaires.  Chennai city also ranks among the richest cities with 6,600 millionaires and 4 billionaires.  Talking about Gurgaon, 4,000 millionaires and 2 billionaires live here.

Among the richest cities of India, Surat, Ahmedabad, Visakhapatnam, Goa, Chandigarh, Jaipur and Vadodara are also growing at a rapid pace.  Talking about the total wealth in the country, this figure is $ 6,200 billion.

Hopefully, there are so many millionaires and billionaires in India that you would have liked this information and will also prove beneficial for you.


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