TNPSC Thervupettagam

Knight Frank’s Wealth Report 2025

March 11 , 2025 6 hrs 0 min 50 0
  • India has emerged as a leading global wealth hub, with a current population of 85,698 High Net-Worth Individuals (HNWIs), placing it fourth globally
  • It is behind only the US, China, and Japan.
  • The number of HNWIs—defined as individuals with at least US$1 million in investable assets—rose by 4.4% globally in 2024.
  • Notably, the population of ultra-high-net-worth individuals (UHNWIs), those with assets exceeding US$100 million, surpassed 100,000 for the first time.
  • In 2024, the US led the world with a 5.2% increase in its population of HNWIs.
  • Asia is closely followed, growing at a rate of 5%, while Africa saw a 4.7% rise.

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