India ranks 3rd, US tops in billionaire population globally: Knight Frank

At 145 billionaires, India has the third-highest billionaire population globally, after US and China while the number of ultra-high net worth individuals with net assets of $30 million (Rs 226 crore) or more, increased 11% in 2021 on the back of a buoyant equity market and digital revolution, said Knight Frank in its latest edition of the Wealth Report 2022.This is the highest percentage growth in Asia Pacific. The list has been topped by the United States (748) and China (554) respectively.

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