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India jumps to sixth in global ultra wealth as billionaires surge toward 2031
Economy
Published on 24 April 2026
Billionaire count could leap 51% by 2031
India has climbed to sixth worldwide for ultra-high net worth individuals, reaching 19,877 in 2026, with projections placing the number at 25,217 by 2031. The Knight Frank report also flags a 58% surge in India’s billionaire count to 207, putting it third globally. While Mumbai leads, wealth share is spreading to Delhi, Chennai and Hyderabad.
- India ranks sixth globally in UHNWIs with 19,877 people in 2026
- UHNWIs are projected to rise 27% by 2031 to 25,217
- Billionaires surged 58% to 207 and could climb sharply by 2031
- Wealth hubs broaden beyond Mumbai to Delhi, Chennai and Hyderabad
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times