Total wealth in India has risen fourfold between 2000 and 2017 to reach $5 trillion in mid-2017. Despite this and having four times the population of the US, India's total wealth is comparable to the level for the United States of America (US) 90 years ago, says Swiss brokerage Credit Suisse report. (Reuters) The report says expectations are that this will reach $6 trillion in India in real terms by 2022, which is comparable with the level in the US in 1936. (Reuters) -
Personal wealth in India is dominated by property and other real assets, which make up 86 per cent of estimated household assets, while personal debt is estimated to be $376, or 9 per cent of gross assets. (Reuters)
-
The really good part was that the overall household debt in India as a proportion of assets is lower than in most of the developed countries, report said. (Reuters)
-
As many as 92 per cent of the adult population in India have a net worth below $10,000, and just 0.5 per cent of them having a net worth over $1,00,000. (Reuters)
India will see rapid growth in wealth by adding $2.1 trillion by 2022, an increase of 42 per cent over the present level of close to $5 trillion. (Reuters) -
India will have 3,70,000 millionaires in 2022, up from 2,45,000 now, an increase of over 50 per cent. (Reuters)
India saw a 9.9 per cent increase in household wealth to $4.987 trillion. (Reuters) -
India has 3,40,000 adults in the top 1 per cent of global wealth holders, which is a 0.7 per cent share. Of them 1,820 have a net worth of over $50 million, and 760 have over $100 million. (Reuters)
The average wealth per adult in India is estimated at $5,980 in mid-2017. (Reuters)

e-Aadhaar app launch in India: Update your date of birth, address and phone number instantly with the upcoming all-in-one app