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How India's ultra-rich spend their money

Last updated on: January 02, 2014 11:24 IST

While most of us spend our money on essential items, the ultra-rich spend it on other things.

Let's take a look at how India's millionaires and billionaires spend their money.

Source: wealthmanagement.kotak.com

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How India's ultra-rich spend their money

Last updated on: January 02, 2014 11:24 IST

Models present creations from Podium Concept during the Millionaire Fair in Moscow, Russia.

Apparel/accessories

Apparel/accessories: 52.3 per cent of total expenditure goes on apparel/accessories

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How India's ultra-rich spend their money

Last updated on: January 02, 2014 11:24 IST

Home decor/electronics

Home decor/electronics: 12.9 per cent of total expenditure goes on home decor/electronics

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How India's ultra-rich spend their money

Last updated on: January 02, 2014 11:24 IST

A model holds a glass of red wine during the Vinitaly wine expo in Verona, Italy.

Drinks/food/others

Drinks/food/others: 12.6 per cent of total expenditure goes on drinks/food/others

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How India's ultra-rich spend their money

Last updated on: January 02, 2014 11:24 IST

Women walk past a window display of luxury goods maker Rolex in Paris's Place Vendome.

Luxury watches

Luxury watches: 7.7 per cent of total expenditure goes on luxury watches

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How India's ultra-rich spend their money

Last updated on: January 02, 2014 11:24 IST

A customer tries on a gold necklace at a shop in Hanoi, Vietnam.

Jewellery/diamonds/precious stones

Jewellery/diamonds/precious stones: 7.3 per cent of total expenditure goes on jewellery/diamonds/precious stones

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How India's ultra-rich spend their money

Last updated on: January 02, 2014 11:24 IST

Visitors walk in Pompeii, the famous city next to Naples which was destroyed in AD 79 by the eruption of Mount Vesuvius, Italy.

Exclusive holiday packs

Exclusive holiday packs: 7.2 per cent of total expenditure goes on exclusive holiday packs

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How India's ultra-rich spend their money

Last updated on: January 02, 2014 11:24 IST

Home decor/electronics

Home decor/electronics: 74.9 per cent do their home decor/electronics shopping in India itself

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How India's ultra-rich spend their money

Last updated on: January 02, 2014 11:24 IST

A visitor looks at an item on display at the annual St Petersburg's Jeweller International Exhibition in Russia.

Jewellery/diamonds/precious stones

Jewellery/diamonds/precious stones: 72.7 per cent do their jewellery/diamonds/precious stones shopping in India itself

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How India's ultra-rich spend their money

Last updated on: January 02, 2014 11:24 IST

A woman presents perfume at the Millionaire Fair in Moscow, Russia.

Apparel/accessories

Apparel/accessories: 67 per cent do their apparel/accessories shopping in India itself

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How India's ultra-rich spend their money

Last updated on: January 02, 2014 11:24 IST

A woman, suspended from the ceiling, serves champagne to a man at the Millionaire Fair in Moscow.

Drinks/food/others

Drinks/food/others: 64.4 per cent do their drinks/food/others shopping in India itself

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How India's ultra-rich spend their money

Last updated on: January 02, 2014 11:24 IST

Exclusive holiday packs

Exclusive holiday packs: 56.1 per cent do their exclusive holiday packs shopping in India itself

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How India's ultra-rich spend their money

Last updated on: January 02, 2014 11:24 IST

A woman places a watch at a showcase of Pasquale Bruni jeweller at Baselworld fair in Basel, Switzerland.

Luxury watches

Luxury watches: 50 per cent do their luxury watches shopping in India itself