America is the country with the largest number of billionaires in the world with 748 billionaires. After which China is second with 554 billionaires and India is at third place with 145 billionaires. According to a report by The Wealth Report 2022, the number of ultra-high net worth individuals globally has increased to 610569 in the year 2021 from 558828 in the year 2020. The number of such people in India is 13637, which is the highest in the Asia Pacific region. In the year 2020, this number in India was 12287.
If we talk about the city, then Mumbai has the highest number of Ultra-High Net Worth Individuals (HNIs) in India. Where this year there are 1596 HNIs with an increase of 9 percent. This is followed by 352 HNIs in Bangalore and 210 in Delhi. By the year 2026, the number of such HNIs in India can increase by up to 39 percent, this number may cross 19 thousand.