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2 mins read

Adani replaces Ambani to become wealthiest Indian with a net worth of Rs 11.6 lakh crores

Reliance Industries Chairman and Managing Director Ambani's overall networth increased by 25 per ce…

PTI   


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3 mins read

Over 4,000 millionaires could still leave India in 2024 — but the drain is getting slower year-on-year

Bucking the global trend, millionaire migration out of India is showing signs of slowing down. Whil…

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2 mins read

Record drop in future unicorns as funding winter, regulatory actions bites startup valuations

The number of unicorns — startups valued at over USD 1 billion — slipped by one to 67 in 2023. The …

PTI   


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3 mins read

India’s super rich will double to 1.6 million by 2027: Knight Frank

Even as the number of HNIs and billionaires in India grew in 2022 from the year before, UHNIs dippe…

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1 min read

Jeff Bezos was the biggest net-worth loser in the last year, with his fortune dropping $57 billion, according to Forbes

Amazon's stock took a big hit in the past year, sending Jeff Bezos' net worth down $57 billion, but…

Sarah Jackson   


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3 mins read

9 in 10 super-rich Indians get richer in 2022, confident of minting money in 2023 too: Knight Frank

The report by Knight Frank found that around 35% of Indian UHNIs saw their total wealth grow by ove…

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2 mins read

These small cap companies have attracted big investments from high-networth individuals

High networth individuals (HNIs) held stocks worth ₹5 lakh crore in NSE-listed companies, as on…

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2 mins read

Gautam Adani gives a tenth of his networth to charity, Azim Premji is impressed

Gautam Adani, India's richest man, has pledged to donate 60,000 crore towards charity. The charitab…

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3 mins read

A weight-loss influencer with 1.2 million followers defended crowdfunding for medical costs, saying people are wrong to assume she's a 'millionaire'

Lexi Reed was hospitalized for organ failure and faced criticism after revealing she did not have h…

Charissa Cheong   


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Nykaa's bumper listing

Nykaa, an Indian fashion and cosmetics brand, has beaten the country’s biggest biscuits maker and o…

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1 min read

Billionaire Lakshmi Mittal was once the world's third richest man but lost $17.5 billion in the last decade

Steel magnate Lakshmi Mittal became the country’s fourth richest person and also the world’s larges…

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1 min read

Uday Kotak, Asia's richest banker, multiplied his wealth four times in a decade

If not for his father, Asia’s richest banker Uday Kotak would have been working for Hindustan Unile…

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2 mins read

Anil Ambani’s Reliance Marine is his second company to be declared bankrupt

Reliance Marine and Offshore is a subsidiary of Reliance Naval, whose shares are tradi…

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1 min read

Sebi hikes portfolio management scheme limit to Rs 50 lakh, networth requirement to Rs 5 cr

New Delhi, Nov 20 () With a view to keep retail investors away from portfolio management schemes (P…

PTI   


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2 mins read

Anil Ambani is firefighting another charge that says RCom diverted funds into other group companies

The promoters of Reliance Communications (RCom) have refuted a fresh set of allegations that funds …

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1 min read

India’s millionaires are fleeing from homeland -- and these are the countries where they are headed

India stands third on the list for the number of emigrants, behind China and Russia. In fact, …

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2 mins read

High net-worth individuals have a greater incentive to invest in Indian startups now

Until now, a tax of 30% was levied on the the value of shares issued above their fair value, b…

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3 mins read

Beyonce and Jay-Z have a combined net-worth of $1.26 billion. See how 'music's first billionaire couple' spends their money.

Narrator: In 2018, Beyoncé's net worth was $355 million, and Jay-Z's was $900 million. Combined, th…

Alyssa Pagano   


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1 min read

India ranks 2nd in outflow of high net-worth individuals

India ranked second in the outflow of high net-worth individuals (HNWIs) from the country, accordin…