New World Wealth

Indians' average wealth surged by 400% in 10 years

Average wealth of an Indian surged by 400 percent in 10 years to 2015 while that of an European citizen declined by 5 percent during the period, says a report by New World Wealth.

India's wealth rose 211% in 15 years: Key takeaways from New World Wealth report

On wealth per capita basis criteria, India has been ranked 20th, which is quite poor, at $2,800, one notch below Indonesia whose wealth per capital basis was at $6,000

Tax worries, security concerns: More than 61000 Indian millionaires have moved abroad in last 14 years

India has seen the second-biggest outflow of high net worth individuals in last 14 years, with as many as 61,000 millionaires shifting base abroad due to reasons like tax, security and child education, says a report.

India's multi-millionaires prefer owning a second home in NY, London

India's multi-millionaires prefer to buy their second homes in leading global financial centres, including London, New York and Singapore, says a report.