Knight Frank ranks India 6th globally in ultra-high net worth individual population

Key facts

• Knight Frank ranks India as the sixth-largest country globally by ultra-high net worth individual (UHNWI) population.
• India is home to 19,877 UHNWIs with net worth exceeding $30 million in 2026, accounting for 2.8% of the global UHNWI population.
• The UHNWI population in India is projected to grow by 27% to 25,217 by 2031.
• In 2026, the share of UHNWIs in India's top five cities is Mumbai (35.4%), Delhi (22.8%), Bengaluru (10.6%), Hyderabad (6.3%), and Chennai (4.8%).
• India ranks third globally in billionaire population with 207 billionaires in 2026, following the United States of America (USA) with 914 and Mainland China with 485.
• India's billionaire population is expected to increase by 51% to 313 by 2031, raising its global share from 6.7% to 8%.
• The global UHNWI population rose to 713,626 in 2026, compared to 551,435 in 2021.