Mar 24, 2022
By: Vaamanaa Sethi
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No. of billionaires: 31 | No. of centimillionaires: 249 | Mumbai has the highest number of millionaires and billionaires among all cities in India. According to Henley and Partners report, the city is projected to have 80 percent growth in High-Net-Worth Individual (HNWI) by 2031.
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No. of billionaires: 15 | No. of centimillionaires: 122 | The capital city of India is home to 30,500 HNWIs and over 2,000 multi-millionaires. However, this number could rise by 80 percent in the next ten years, says the report.
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No. of billionaires: 6 | No. of centimillionaires: 50 | Kolkata, which is known for its theatre, films, and architecture, has created over 800 HNWIs. In the last 10 years, the city saw a 7 percent increase in the number of HNWIs.
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No. of billionaires: 6 | No. of centimillionaires: 46 | The tech city of India may see a 90 percent growth in the number of HNWIs, which is currently home to 11,700.
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No. of billionaires: 5 | No. of centimillionaires: 46 | Known for its heritage, Hyderabad, consists of more than 10,000 HNWIs and about 740 multi-millionaires.
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No. of billionaires: 3 | No. of centimillionaires: 28 | Pune, which is widely known as the second largest information technology (IT) hub in India, is projected to witness a 90 percent growth in the number of HNWIs.
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No. of billionaires: 4 | No. of centimillionaires: 30 | The city, where one-third of the automobile industry in India is located reportedly, saw a 7 percent increase in the number of HNWIs in the last ten years.
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No. of billionaires: 2 | No. of centimillionaires: 18 | Also known as the financial and technology hub, Gurgaon, has created around 5,400 HNWIs and 340 multi-millionaires.
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No. of billionaires: 0 | No. of centimillionaires: 11 | Ahmedabad is reportedly also known as ‘Manchester of India’ and is home to 3,200 HNWIs and is projected to have a growth of 80 percent in HNWIs in the next ten years.
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Total wealth refers to the private wealth held by all individuals living in the country, including all their assets (property, cash, equities, business interests) less any liabilities.
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