According to the Wealth report 2013 by Knight Frank Research, there are 122 rupee billionaires in India. The country ranks 5th countries having the most dollar billionaires. Moreover, the amount of rich people in India is expected to grow by 84% by 2022 to reach 225 billionaires.
The report also ranks Mumbai at the seventh place with a total of 2,105 high net worth individuals (HNWI) in the top 30 global cities and is expected to grow by 137% by 2022. Whereas Delhi has a total of 1,905 HNWI in 2012, that number is likely to reach 4,278 by 2022. Both Mumbai and Delhi are expected to grow at the same pace as the fastest growing cities such as Shanghai, Beijing, Rio de Janeiro and Sao Paulo according to Samantak Das (Director Research & Advisory Services at Knight Frank.
Last updated: December 26th, 2025
