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India’s Millionaire Wealth Grows by 8.8% in 2024, Reaching $1.5 Trillion: Report

Summary by TFIPOST
India witnessed a significant surge in wealth among its high-net-worth individuals (HNWIs) in 2024, with the total number of millionaires reaching 378,810 by year-end, according to Capgemini’s World Wealth Report 2025. The cumulative wealth of this millionaire group stood at $1.5 trillion, marking an 8.8% increase compared to the previous year. In addition to the core HNWI population, India had 333,340 individuals categorized as “millionaires ne…
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TFIPOST broke the news in on Wednesday, June 4, 2025.
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