India is No. 11 in population of very rich

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Due to increasing wealth because of economic growth, people, having assets of more than Rs 300 crore have reached 1800. Because of these ultrahigh net worth individual, country is ranked 11th in the world map in the case of the super-rich. Credit Suisse Global Wealth has given this report. According to the report, America is number one in terms of population of very rich people. This country have home of half of rich people according to the report. The report is also having data for widespread poverty among the growing affluence. 95 per cent of the world adult population is having less than the property worth of 10,000 dollar (nearly six lakh). In contrast, a very small population of the world (around 0.3 per cent) have has a wealth of a million (60 lakh). India has a huge disparity in terms of income and assets. This gap is increasing. 650 people in the country have the property over to 10 million (Rs 600 crore). According to the report, the number of people with wealth over to 1 million dollar in the country is more than .35 million. In five years it will be .53 million.

 



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