Key Findings

India on the 5th spot with 122 billionaires as of 2012 in the top 10 countries for billionaires; expected to increase to 225 billionaires with an 84% growth by 2022.

The number of (HNWIs) in India is expected to more than double over the next 10 years, rising by 137% in Mumbai alone and around 120% in Delhi, despite recent economic concerns- This will give India – along with China and Japan – the highest number of HNWIs in Asia by 2022.

Mumbai on the 7th spot with a total of 2105 HNWI’s in the top 30 global cities; expected to increase to 4988 with 137% rise by 2022.

Delhi on the 11th spot with a total of 1945 HNWI’s in the top 30 global cities; expected to increase to 4278 HNI’s and a rise of 120 % by 2022.

China is still on course to overtake the US as the world’s largest economy by the end of this decade, despite weaker exports and sluggish domestic demand. Indonesia is also expected to experience a relative boom over the next decade, albeit from a low base.

Across Asia, the number of HNWIs is set to rise by 88% over the next decade, the joint highest rate of growth in any world region.

US will remain dominant in terms of numbers of HNWIs and billionaires over the next 10 years, despite growth in the East - North America will still have some 30% of the world’s HNWIs in 2022, although this is down from the current 34%.

Mumbai sees an average price increase of 0.5% as per the Prime International Residential Index in 2012.

According to global cities survey, while New York and London top the list in the cities that matter to HNWI’s, Mumbai stands only on the 38th spot of the top 40 cities