India is on the TOP in HNI population !

India among Top 12 nations in HNI population !


As per Asia-Pacific Wealth Report, the number of India’s high net worth individuals (HNI) grew by 20.8% in 2010, making a cut in to top 12 nations in terms of HNI population.


Not surprisingly, Asia-Pacific region recorded the strongest regional rate in the world in terms of HNI population growth last year.


India had experienced the world’s largest declines in HNI population and wealth during 2008 global economic crisis. However, in 2009, Indian HNI wealth recorded a brisk growth by 22% to $582 billion backed by strong growth in domestic market.


In FY10, the HNI population of the world’s largest democratic country grew to 1.53 lakh, from 1.26 lakh in 2009. Interestingly, China, Japan and Australia accounted for almost three-quarters of the Asia-Pacific HNI population.


***High net worth individual (HNWI or HNI) are generally rich or wealthy people with more money and assets, traditionally these people were called as millionaires or billionaires but these days the term high net-worth individuals is used by the financial services to denote an individual with high net worth. High net worth ,means your Credit worthiness ,as Banks or other financial institution rate you by looking at your Actual assets Liquid/Fixed.

Posted in: High net worth individual, HNI, HNWI, india