India's Wealthy Expected To Grow Wealth By 400% in 4 Years

The top five wealthiest billionaires in India control nearly half that country’s billionaire wealth, a new study says.

With India preparing to mark its 68^th independence day this week, the democratic society has been good for the country’s wealthy, according to a study from Wealth-X.

India’s top five individual billionaires

The top five individual billionaires have a net worth of $85.5 billion (US), which accounts for 47.5 percent of India’s total billionaire wealth.

The total net wealth in India is estimated at $5 trillion (US).  A separate study published in the Guardian nearly a month ago said that the ranks of India’s wealthy could quadruple their...