Dollar-millionaire households in India increased by 11% in 2021: Hurun India Wealth Report

Dollar-millionaire households in India increased by 11% in 2021: Hurun India Wealth Report

  • According to the latest Hurun India Wealth Report 2021, the number of dollar-millionaire households in India increased by 11 percent to 4,58,000 households in 2021, as compared to 2020,
  • Household having a net worth of at least INR 7 crore ($1 million), is referred to as a dollar-millionaire household.
  • The report has estimated that the number of dollar-millionaire households in the country shall increase by 30% over the next five years to reach 6,00,000 households in 2026. 
  • Meanwhile, in the list of cities with most millionaires, Mumbai has topped with 20,300 millionaires households.
  • Mumbai is followed by Delhi with 17,400 and Kolkata with 10,500 millionaire households, respectively. 
  • The report is based on survey on 350 Indian ‘millionaires’ (individuals with a personal wealth of $1 million).

Points to Remember:

  1. As per Hurun India Wealth Report 2021, number of dollar-millionaire households in India increased by what percent in 2021, compared to 2020?
  2. dollar-millionaire households are those which have net worth of Rs __________ and above
  3. Which city has topped for having most number of dollar-millionaire households in India as per Hurun India Wealth Report 2021?

Source: LiveMint

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