Mumbai, Delhi among 30 cities with the richest people
Despite a gloomy economic scenario, there was room for wealth creation in 2012.
The number of people with $30 million or more in net assets (referred to throughout this report as HNWIs) rose by 5 per cent last year, or nearly 8,700, according to data by Wealth-X, a wealth intelligence firm.
The combined wealth held by HNWIs also grew by 2 per cent, or $566 billion, to just over $26 trillion in 2012.
Over the next 10 years, 95,000 people are forecast to break the $30 million wealth barrier – a cumulative 50% rise, which will take the total number of HNWIs across the globe to around 285,665.
The number of HNWIs in India is expected to more than double over the next 10 years, rising by 137 per cent in Mumbai alone.
This will give India - along with China and Japan - the highest number of HNWIs in Asia by 2022, says a Knight Frank report.
Click NEXT to see the top 30 global cities by HNWI population...
New York, United States
Rank: 1
2012: 7,580
2022: 10,306
Change: 36%
Click NEXT to read more...
Image: Cookies molded after singer Lady Gaga sit inside Gaga's Workshop at luxury department store Barneys in New York.
Photographs: Kena Betancur/Reuters.
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Tokyo, Japan
Rank: 3
2012: 5,440
2022: 6,763
Change: 24%
Image: A Hello Kitty figurine, studded with a total of 19,636 Swarovski crystals, is displayed during a press preview of Swarovski's Hello Kitty collection at an event entitled House of Hello Kitty in Tokyo.
Photographs: Yuriko Nakao/Reuters.
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Rio De Janeiro, Brazil
Rank: 10
2012: 1,740
2022: 4,285
Change: 146%
Click NEXT to read more...
Image: A view of the Spirit of Brazil VII, part of the Pink Fleet line of luxury cruise ships belonging to the EBX Group of Brazilian billionaire Eike Batista, in Rio de Janeiro.
Photographs: Sergio Moraes/Reuters.
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Paris, France
Rank: 16
2012: 2,860
2022: 3,672
Change: 28%
Click NEXT to read more...
Image: Fabrizio Freda (R), President and CEO, The Estee Lauder Companies, and Karen Buglisi (L), Global Brand President, M.A.C Cosmetics, pose in the M.A.C shop in Paris.
Photographs: Philippe Wojazer/Reuters.
Mumbai, Delhi among 30 cities with the richest people
Houston, United States
Rank: 17
2012: 2,295
2022: 3,397
Change: 48%
Click NEXT to read more...
Image: Samantha Cerda (L), 3, holds up her Minnie Mouse as she, Tatiana Jackson (C), Tabihta Cerda (R), and Juanita Valdez (middle rear) wait in line at the HEB Gulfgate Grocery store in Houston, Texas.
Photographs: Tim Johnson/Reuters.
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Mumbai, Delhi among 30 cities with the richest people
Frankfurt, Germany
Rank: 29
2012: 1,220
2022: 1,562
Change: 28%
Click NEXT to read more...
Image: Stephan Winkelmann, CEO of Lamborghini, presents the new Gallardo super sports car during the Volkswagen car group preview show before the international car show 'IAA' in Frankfurt, Germany.
Photographs: Kai Pfaffenbach/Reuters.
More from rediff