4 days ago
India's Ultra-Rich Are Going Global: Equity, Crypto, And Luxury Real Estate In Focus
India is undergoing a powerful shift in wealth creation, driven by a rising tribe of Ultra-High-Net-Worth Individuals (UHNWIs)—those with over $30 million in net worth. According to Knight Frank's 2024 Wealth Report, India is set to witness a 58.4% rise in UHNWIs by 2028—the fastest among major economies.
'We are witnessing a generational shift," said Ratna Sharma, Executive Director – Private Client Business, India. 'Today's investors want global access, institutional-grade governance, and impact-aligned investments." She noted that India's next wave of wealth creators, shaped by global exposure, are moving beyond traditional allocations toward more nuanced, tech-enabled, and globally diversified strategies.
