India's Elite: Balancing Short Earning Timelines and Lavish Lifestyles
Entrepreneur magazine|MAY 2024
IT IS CRUCIAL FOR PEOPLE WITH LIMITED EARNINGS TO FOCUS ON PRESERVING AND MANAGING THEIR WEALTH WELL.
SRABONI HARALALKA
India's Elite: Balancing Short Earning Timelines and Lavish Lifestyles

India is witnessing remarkable wealth creation driven by economic growth, technological expertise, government initiatives, infrastructure development, and geopolitical advantage.

As per Knight Frank's 'The Wealth Report 2023,' India is projected to see a substantial increase in its ultra-high-net-worth individuals, those with a net worth exceeding $30 million, with a growth of 58.4 per cent in around four years. Moreover, the population of high-net-worth individuals possessing assets valued at $1 million or more, is anticipated to surge from 7.9 lakh in 2022 to 16.5 lakh by 2027.

Concurrently, with emerging luxury markets, such as Mumbai, Delhi, and Bengaluru, comes a unique financial challenge: individuals with small earning or short wealth accumulation windows.

هذه القصة مأخوذة من طبعة MAY 2024 من Entrepreneur magazine.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة MAY 2024 من Entrepreneur magazine.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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