Ultra HNIs set to grow 50% in five years: Report Financial Express
India is expected to see 50% growth in ultra-high networth individuals (UHNIs) in next five years, said a new report on Wednesday.
This will be the highest for any country, globally. The UHNI count in the country is expected to rise from 13,263 in 2023, to 19,908 by 2028, according to The Wealth Report 2024 by global consultancy Knight Frank. UHNWI are defined as individuals with a net worth of US$ 30 million and above.
