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How Many Millionaires India Created Freshly?

India created a whopping 7,300 millionaires in the 12 months to mid-2018, taking the total number of millionaires to 343,000.

How Many Millionaires India Created Freshly? How Many Millionaires India Created Freshly? How Many Millionaires India Created Freshly? millionnaires e1541991235231

How Many Millionaires India Created Freshly?According to a recent report released by credit Suisse, a Swiss multinational investment bank and financial services company, India created a whopping 7,300 millionaires in the 12 months to mid-2018, taking the total number of millionaires to 343,000.

The report stated that around 91% of the adult population in the country has wealth below $10,000. It further estimated that 3,400 adults in India have wealth more than $50 million, and 1,500 have over $100 million.

The United States continues to lead the list for the tenth year in a row, as the country during the reporting period contributed lion share to global wealth, adding an $6.3 trillion.

China has emerged as the 2nd largest number of wealthy households, having added $2.3 trillion.

The quantity of the rich list in China is anticipated to raise by $23 trillion over the next 5 years, taking its share in global wealth from 16% in year 2018 to just above 19% by year 2023.