What it takes to be in Top 1% of India
The last I saw, to be in top 1% individual in terms of wealth, you needed to have assets worth $77k. This is from news article of 2020. Sharing link here - https://timesofindia.indiatimes.com/business/india-business/this-is-what-it-takes-to-be-in-the-1-around-the-world/articleshow/74057315.cms Now, based on new data, you need to have assets of around $175k. Approx 150% rise in 3 yrs! Link for the same - https://www.moneycontrol.com/news/business/real-estate/indias-ultra-wealthy-population-to-surge-58-4-in-next-five-years-knight-frank-10605531.html Is anyone here in top 1%?
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Wealth inequality in India at it's highest. 1% of people control 40% of the wealth 🤔
What percentage of Grapevine lies in the top 1%
India's wealth inequality is at a six-decade high with the top 1% owning 40.1% of wealth. Foreign investments led to a surge in billionaires...
https://economictimes.indiatimes.com/news/india/indias-richest-1-has-highest-concentration-of-wealth-in-decades-study-shows/articleshow/108650367.cms?from=mdr