In 2023, there were over ** thousand ultra-high-net-worth individuals (UHNWI) in India. Individuals owning assets worth more than ** million U.S. dollars were considered to be UHNWI. These figures were expected to reach about ** thousand UHNWI by 2028.

In financial year 2022, the total assets of the central government of India amounted to around ** trillion Indian rupees, an increase from the previous year. It was estimated that the total assets would reach over ** trillion rupees by 2024.

India NGNBF&I: Miscellaneous: Capital Structure Ratio: Net Worth to Total Net Assets data was reported at 22.400 % in 2019. This stayed constant from the previous number of 22.400 % for 2018. India NGNBF&I: Miscellaneous: Capital Structure Ratio: Net Worth to Total Net Assets data is updated yearly, averaging 26.400 % from Mar 2012 (Median) to 2019, with 8 observations. The data reached an all-time high of 48.800 % in 2015 and a record low of 22.400 % in 2019. India NGNBF&I: Miscellaneous: Capital Structure Ratio: Net Worth to Total Net Assets data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Banking Sector – Table IN.KBU029: Non Government Non Banking Financial and Investment Companies (NGNBF&I): Financial Ratio: Miscellaneous.

In 2024, the number of U.S. dollar billionaires across India was around ***, up from *** billionaires in 2023. Gautam Adani claimed the first spot on the 2024 Hurun Rich List and Mukesh Ambani of Reliance Industries Limited was named the second richest person in India.

Data and insights on Wealth Distribution in India - share of wealth, average wealth, HNIs, wealth inequality GINI, and comparison with global peers.

In 2022, ****** was home to the highest number of millionaires, followed by India’s capital New Delhi, and the IT capital - Bengaluru. This comes as no surprise since all three cities have the largest share of high net worth households along with a booming economic outlook. Overall, India had around *** billionaires as of March 2023, and ranked third globally in terms of its ultra-net-worth individuals. A growing wealth gap Despite this, India also has a very high wealth inequality with millions of people living below the poverty line. In fact, according to the last census, the state of Maharashtra (with Mumbai as its capital city) had the highest number of slums across the country with over *** million households. Furthermore, according to a 2015 study on the geography of the super-rich, Bangalore was ranked first in terms of the inequality between its rich and poor, with the wealth of the city’s billionaires being ******* times that of the average per capita GDP in the city. Mumbai came second in this listing, while Delhi was ranked fifth. It's a rich man's world As of 2018, the richest ** percent of Indians owned **** percent of the country’s wealth. The Indian economy was also seen to be one of the fastest growing economies across the world. This indicates the level of unequal distribution of wealth in the country. This is a matter of grave concern and has several implications in terms of the country’s development and progress.

India NGNBF&I: Share Trading and Investment Holding: Capital Structure Ratio: Net Worth to Total Net Assets data was reported at 34.100 % in 2019. This records a decrease from the previous number of 37.300 % for 2018. India NGNBF&I: Share Trading and Investment Holding: Capital Structure Ratio: Net Worth to Total Net Assets data is updated yearly, averaging 51.500 % from Mar 2012 (Median) to 2019, with 8 observations. The data reached an all-time high of 72.600 % in 2014 and a record low of 34.100 % in 2019. India NGNBF&I: Share Trading and Investment Holding: Capital Structure Ratio: Net Worth to Total Net Assets data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Banking Sector – Table IN.KBU025: Non Government Non Banking Financial and Investment Companies (NGNBF&I): Financial Ratio: Share Trading and Investment Holding.

India NGNBF&I: Diversified: Capital Structure Ratio: Net Worth to Total Net Assets data was reported at 23.300 % in 2019. This records an increase from the previous number of 23.200 % for 2018. India NGNBF&I: Diversified: Capital Structure Ratio: Net Worth to Total Net Assets data is updated yearly, averaging 43.450 % from Mar 2012 (Median) to 2019, with 8 observations. The data reached an all-time high of 66.700 % in 2014 and a record low of 18.300 % in 2016. India NGNBF&I: Diversified: Capital Structure Ratio: Net Worth to Total Net Assets data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Banking Sector – Table IN.KBU028: Non Government Non Banking Financial and Investment Companies (NGNBF&I): Financial Ratio: Diversified.

Airport Authority of India: Net Worth data was reported at 148,274.500 INR mn in 2018. This records a decrease from the previous number of 150,286.600 INR mn for 2017. Airport Authority of India: Net Worth data is updated yearly, averaging 85,490.650 INR mn from Mar 2007 (Median) to 2018, with 12 observations. The data reached an all-time high of 150,286.600 INR mn in 2017 and a record low of 45,429.900 INR mn in 2007. Airport Authority of India: Net Worth data remains active status in CEIC and is reported by Airports Authority of India. The data is categorized under India Premium Database’s Transportation, Post and Telecom Sector – Table IN.TA013: Airport Authority of India: Financial Result.

According to 2021 Forbes data, the richest man in India is business magnate Mukesh Ambani with a net worth of about 84.5 billion U.S. dollars.

Wealth distribution in India

India’s wealth is very unevenly distributed, with the wealthiest one percent of inhabitants owning more than half of the wealth. Currently, the majority of Indians own less than 10,000 U.S. dollars in wealth and assets and over 80 percent of Indian households have an average monthly income of 20,000 Indian rupees (about 286 U.S. dollars) or less – and even less in rural areas. Poverty is among the most common worries of Indian people and a prevalent problem in the country, despite a growing economy.

India’s growing economy benefits many, but not all

Most Indians live in rural areas, where agriculture is still the main provider. In fact, agriculture was an important economic driver for a long time, until services gained traction (and now generates almost half of India’s GDP). Mukesh Ambani, India’s richest entrepreneur, is one of the beneficiaries of this development, since his company, Reliance Industries, owns businesses mostly in the services sector.

India Financial Assets and Liabilities: Households: Flow: Assets: ow: Total Deposits data was reported at 3,247,465.661 INR mn in Mar 2023. This records an increase from the previous number of 2,765,938.664 INR mn for Dec 2022. India Financial Assets and Liabilities: Households: Flow: Assets: ow: Total Deposits data is updated quarterly, averaging 2,781,287.194 INR mn from Jun 2018 (Median) to Mar 2023, with 20 observations. The data reached an all-time high of 5,393,839.044 INR mn in Mar 2019 and a record low of -827,261.038 INR mn in Jun 2021. India Financial Assets and Liabilities: Households: Flow: Assets: ow: Total Deposits data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Monetary – Table IN.KAJ001: Financial Assets and Liabilities: Household: Flow.

Actual value and historical data chart for India Net Income From Abroad Us Dollar

The dataset shows all India expenditure, income, profit before tax, profit after tax and return on net worth of primary dealers

Total-Other-Income-Expense-Net Time Series for Angel One Limited. Angel One Limited provides broking and advisory services, margin funding, and financial products to its clients in India and internationally. The company provides equity, commodities, derivatives, and currency derivative products. It also manages client's securities in the electronic form; facilitates clients in applying for initial public offerings; and provides funds to investors for trading. In addition, the company offers insurance, mutual funds, sovereign gold bonds, and credit products; and investment advice and market research services, as well as educates clients on financial markets and investing strategies. Further, it provides portfolio management, trading account, initial public offering, and DEMAT account services. The company operates through Angel One Super App, Angel One Trade, and Smart API investing and trading platforms. It serves resident and non-resident individuals, salaried professionals, high net worth individuals, Hindu undivided Families, corporates and trusts, partnership firms and LLP, and co-operative societies. The company was formerly known as Angel Broking Limited and changed its name to Angel One Limited in September 2021. Angel One Limited was incorporated in 1996 and is based in Mumbai, India.

India NGNBF&I: Diversified: Capital Structure Ratio: Total Outside Liabilities to Net Worth data was reported at 329.700 % in 2019. This records a decrease from the previous number of 330.900 % for 2018. India NGNBF&I: Diversified: Capital Structure Ratio: Total Outside Liabilities to Net Worth data is updated yearly, averaging 63.400 % from Mar 2012 (Median) to 2019, with 7 observations. The data reached an all-time high of 330.900 % in 2018 and a record low of 50.200 % in 2014. India NGNBF&I: Diversified: Capital Structure Ratio: Total Outside Liabilities to Net Worth data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Banking Sector – Table IN.KBU028: Non Government Non Banking Financial and Investment Companies (NGNBF&I): Financial Ratio: Diversified.

In 2019, there were nearly six thousand ultra-high-net-worth individuals (UHNWI) in India with private assets worth around *** billion U.S. dollars. The value of wealth was expected to grow to over *** billion dollars by 2024.

From 2022 to 2023, there was around *** percent growth in the number of ultra-high-net-worth individuals (UHNWI) in India. Individuals owning assets worth more than ** million U.S. dollars are considered UHNWI. The growth was expected to reach about ** percent by 2028.

India Financial Assets and Liabilities: Households: Stocks: Assets: Percent of GDP data was reported at 103.095 % in Mar 2023. This records an increase from the previous number of 102.428 % for Dec 2022. India Financial Assets and Liabilities: Households: Stocks: Assets: Percent of GDP data is updated quarterly, averaging 102.762 % from Jun 2018 (Median) to Mar 2023, with 20 observations. The data reached an all-time high of 115.352 % in Mar 2021 and a record low of 80.900 % in Dec 2018. India Financial Assets and Liabilities: Households: Stocks: Assets: Percent of GDP data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Monetary – Table IN.KAJ002: Financial Assets and Liabilities: Household: Stock.

Disposable Personal Income in India increased to 296383300 INR Million in 2023 from 273364818.90 INR Million in 2022. This dataset provides - India Total Disposable Personal Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The dataset contains All India and Yearly Select Financial Ratios of the Select Foreign Direct Investment Companies - Industry Group Wise Note: 1. Sources and uses of funds ratios are available for only two years, as these are worked out from the differences between two successive years 2. Current assets to current liabilities and Interest coverage ratio (ebit to interest) are actual ratios 3. Tax provision to profit before tax and Profit retained to profit after tax are calculated based on companies which made profit in the year. 4. Net sales to total net assets, Net sales to gross fixed assets, Gross value added to gross fixed assets, Sales to total net assets, Sales to gross fixed assets are calculated based on average assets during the year 5. Data for the reporting year 2019–20 is not available in the source