India ranks 3rd, US tops in billionaire population globally: Knight Frank

India is ranked 3rd in terms of most number of billionaires’ population globally in 2021, as per the Knight Frank’s latest edition of The Wealth Report 2022.
The list has been topped by the United States (748) and China (554) respectively.
The number of ultra-high-net-worth-individuals (UHNWIs) in India increased by 11% YoY in 2021 to 145 billionaires, the highest percentage growth in Asia Pacific (APAC) region.
UHNWIs are individuals with net assets of US$ 30m or more (Rs 226 crore)
Globally, the number of UHNWIs increased by 9.3% in 2021.
City-wise, Bengaluru recorded highest growth in the number of UHNWIs in 2021 at 17.1% to 352 billionaires.
It was followed by Delhi (12.4% to 210) and Mumbai (9% to 1596) in 2021.

Points to Remember:

Rank of India in Knight Frank’s The Wealth Report 2022 for billionaires’ population in 2021.
Which country has topped the index?
The Wealth Report 2022 is released by which organisation?