Knight Frank's The Wealth Report 2025: Global and Indian Wealth Trends
| Section | Details |
|---|---|
| Why in News? | The 19th edition of The Wealth Report 2025 by Knight Frank highlights global wealth distribution, with India ranking 4th in HNWI population. |
| India's HNWI Ranking (2024) | India ranks 4th globally with 85,698 HNWIs, marking a 6% YoY increase. |
| Global HNWI Growth | - Total HNWIs worldwide: 2,341,378 (4.4% increase from 2023). - Top 3 regions with highest HNWI growth: 1. USA - 5.2% growth 2. Asia - 5% growth 3. Africa - 4.7% growth |
| Top 5 Countries by HNWI Population (2024) | 1. USA - 905,413 (38.7%) 2. China - 471,634 (20.1%) 3. Japan - 122,119 (5.2%) 4. India - 85,698 (3.7%) 5. Germany - 69,798 (3.0%) |
| Global Billionaire Trends | - USA leads with a combined billionaire wealth of USD 5.7 trillion. - China follows with USD 1.34 trillion. - UHNWIs (assets > USD 100 million) exceed 100,000 globally. - Gender shift in new billionaires: 82% male (down from 90% in 2020); 47% of female billionaires under 30. |
| India's Billionaire Growth (2024) | - India ranks 3rd globally with 191 billionaires. - 26 new billionaires in 2024 (up from 7 in 2019). - 12% YoY growth in billionaire population. - Total billionaire wealth: USD 950 billion. |
| Future Projections (India) | - HNWI population in 2028: 93,753 (9.4% increase from 2024). |
| Luxury Real Estate Trends (India) | - Delhi: 6.7% YoY increase in luxury residential prices (Rank: 18th in PIRI from 37th in 2023). - Bengaluru: Moved up to 40th from 59th. - Mumbai: Dropped from 21st to 28th. |