India has the third largest number of billionaires in the world, and in the next decade, as many as 238 additional ultra-high net worth individuals will join this elite club, says a report.
According to AfrAsia Bank’s Global Wealth Migration Review, India currently has 119 billionaires, and this number is expected to swell to 357 by 2027. Over the next 10 years, while India is expected to create 238 additional billionaires, its neighbour China is likely to add as 448 such individuals.