India is now the 6th wealthiest nation in the world. Being a developing country, it is a big achievement as India has beaten many developed countries in creating money. Of course, there are many factors behind this but, we are sharing how the ultra-rich people in India spend their money.
Kotak Wealth Management did some research and made a report which shows the spending habits of super rich people in India. The report has revealed some very interesting points, let’s have a look at some of those:
Ultra-high-net-worth individuals (UHNIs) are those people who have a net worth of more than Rs 25 crore. The list contains individuals who have inherited money, entrepreneurs and professionals are also included.
This report was made after interviewing 200 ultra-rich people from 12 different cities of India.