India has 1.53 lakh millionaires! - "Global" survey

[harpoon]

Are the millionaires all businessmen..if yes, its quite an achievement considering the fact that many Indians shy from starting business.

 

[machinist]

1.53 lakh millionairies only!! I am sure that we have more than that. There are many millionaires who are here is not showing the real wealth to the government since they are not interested to pay more tax.

 

[lepziboy]

^^really agree on that.especially based on the price of land.especially in our punjab region.and other regions also

 

[machinist]

but no 1 pay single paisa for releasing of their citizen from Somali pirates
that is shameful

Why should they want to pay for the somali pirates. All they want to do is to kill them at the sight. tats our why navy is there.if u pay for the pirates, then they will continue to do it again and again

 

[Sadhu]

but no 1 pay single paisa for releasing of their citizen from Somali pirates
that is shameful

Paying a ransom has immoral implication,, its promotes the kidnapper to continue doing same thing for easy money... this time u paid what if it happen again how many time can u pay them for this evil deed..
they need to be kicked in their butt...

We are grateful to ur nation but we cannot always bend before them....

 

[Thorough Pro]

.




Note: Thread is based on a global survey, hence posted in World affairs and is in accordance to rules, even though it has economical angle to it.And also it has the whole "world"surveyed,hence its not about Indian economy.

India has 1.53 lakh millionaires!
​

The number of millionaires in India surged to a record high of 1.53 lakh in 2010, making the country's high networth individual (HNI) population 12th largest across the globe, as per a global study.

The increase in India's HNI population has also helped Asia-Pacific overtake Europe as the region with the second highest number of millionaires, as per the annual World Wealth Report of Merrill Lynch Wealth Management and Capgemini.

"India's HNI population became the world's 12th largest in 2010, entering the top 12 for the first time," the report said.

At the same time, Indian millionaires also showed growing interest in investments like luxury collectibles (luxury cars, boats and jets), as also in sports, the annual survey found.

At the end of 2010, India's HNI population stood at 1,53,000, up more than 20 per cent from 1,26,700 in 2009, when India was ranked 14th.

The HNIs have been identified as those with investible assets of $1 million or more, excluding their primary residence, collectibles, consumables and consumer durables.

The report named the US as the country with the largest HNI population (31,04,000), followed by Japan, Germany, China, UK, France, Canada, Switzerland, Australia, Italy, Brazil and India.

In Asia-Pacific, India has the highest number of millionaires after Japan, China and Australia.

Among the top 12 countries globally, India's growth in HNI population was highest at 20.8 per cent.


India has 1.53 lakh millionaires! - India - DNA

Hmmmm, what about 1.53 billion poors?

 

[machinist]

^^really agree on that.especially based on the price of land.especially in our punjab region.and other regions also

yes dude, even if one buys a land or anyother properties, everyone is hesitating to quote the real price of the property value to avoid the stamp duty charges and all money is going as blackmoney. this happenes not only in punjay region, almost all over india. this is sad news.No one is perfect

 

[below_freezing]

Indian millionaires should try out our luxury products. If its good enough for Shaq, then its good enough for them. Li Ning.

 

[machinist]

Hmmmm, what about 1.53 billion poors?

1.53 millionaires will provide a job for 1.53 billion poors to increase their standard of living.

 

[hembo]

These are Dollar Millionaire or Rupee Millionaire??

Statutory warning: Avoid responding to trolls...

 

[truthseeker2010]

Because we do not have big hearts Pakistanis do....

So True!!

 

[conworldus]

These are Dollar Millionaire or Rupee Millionaire??

Statutory warning: Avoid responding to trolls...

Rupee Millionaire? hahahahahahahhahahahahahhahahahaha That's about $20,000 dollars, hahaha. I make that much in two weeks.

Only you can even come close that notion. Of course survey is about dollar millionaire.

 

[Jon Snow]

These are Dollar Millionaire or Rupee Millionaire??

Statutory warning: Avoid responding to trolls...

Dollar millionaire......

 

[Awesome]

Note: Thread is based on a global survey, hence posted in World affairs and is in accordance to rules, even though it has economical angle to it.And also it has the whole "world"surveyed,hence its not about Indian economy.

Still doesn't cut it... Will generate nothing but a troll war.