This select group, which constitutes the pinnacle of the nation’s economic pyramid, embraced innovative ... approach to managing generational wealth. India’s wealthiest families also ...
And the gap widened. Today, the richest 10% in India controls 80% of the nation's wealth, according to a 2017 report published by Oxfam, an international confederation of agencies fighting poverty.
On the base of the pyramid we see that 3.2 billion people, representing 68.7% of the globe's population, control just 3% of the world's wealth, or about $7.3 trillion.
The number of HNIs grew to 137100 in FY15(E) from around 117000 last year, a growth rate of 17% over one year and a 22% compounded growth over five years ...