Nine in ten Indian ultra-high-net-worth individuals grew their wealth in 2022, despite year of ‘Permacrisis’
88% of ultra-high-net-worth Indians saw their wealth grow in 2022
Updated: 19 Jan 2023, 11:18 AM IST
TL;DR.Despite the year of ‘Permacrisis’, 88% or nearly 9 out of 10 Indian UHNWIs witnessed an increase in wealth in 2022. Around 35% of Indian UHNWIs saw total wealth change by above 10%. 84% of the investable wealth of Indian UHNWIs is allocated between equities, real estate and bonds. Investments in commercial real estate, either directly or through funds and REITS, make up 25% of portfolio of Indian UHNWIs.
First Published: 19 Jan 2023, 11:18 AM IST
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