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How the super rich in India spend their money

August 01, 2016 15:01 IST

Nearly half the ultra high net worth individuals (UHNIs) are below 40 years. 

The growth of ultra high net worth households (UHNHs) slowed down in 2015-16, growing at seven per cent, compared with 17 per cent in the previous year. 

Such households recorded a compound annual growth rate (CAGR) of 16 per cent in the past five years, according to Kotak Wealth Management’s report ‘Top of the Pyramid 2016’

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