Terming the next 10 years as ‘India’s decade’, the report by Wealth X says that “the nation also has a young, well-educated population with high levels of entrepreneurship and business ownership, underpinned by a well-developed legal system that in turn helps in wealth creation.” A Wealth X and UBS report shows that India had 8,595 ultra high net worth (UHNW) individuals in 2014, with wealth amounting to $1.01 trillion. This places India 6th in the global rankings.
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