♦ The London-based global property consultancy firm, Knight Frank, released the 19th edition of ‘The Wealth Report 2025’.

♦ The report highlights the growing number of High Net-Worth Individuals (HNWIs) worldwide.

♦ In this report, India ranks fourth globally with 85,698 individuals holding investable assets of at least Rs.8.69 crore (US$ 1 million).

♦ India follows the United States, China, and Japan in wealth concentration. 

♦ India's billionaire population grew by 12% in the past year, reaching 191 billionaires, with 26 new billionaires added in 2024 alone, up from just 7 in 2019.

♦ The US remains the world's wealth leader, holding nearly 40% of HNWIs, followed by China (20%) and Japan (5%). 

Top 5 Countries with the Highest Number of HNWIs in 2024