This article was first published 12 years ago

Countries with most millionaires: India ranked at 15

Last updated on: June 7, 2013 12:19 IST

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Image: Gold jewellery is on display in Kolkata.
Photographs: Parth Sanyal/Reuters
The rich will continue to get richer, says BCG's global wealth report.

Private wealth in India will more than double to $4.5 trillion by 2017, from $2 trillion at the end of 2012, according to consultancy firm BCG.

As much as 65 per cent or $1.3 trillion of the wealth is in the form of cash and deposits, while investments in bonds account for 21 per cent and equities account for 13 per cent, said the report.

Take a look at the countries with most millionaires...

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BCGIndia
Image: Tourists gather in Times Square in New York.
Photographs: Charles Platiau/Reuters.
United States

Rank: 1

Number of millionaire households: 5.9 million

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United StatesRankIndia
Image: A Hello Kitty figurine, studded with a total of 19,636 Swarovski crystals, is displayed during a press preview of Swarovski's Hello Kitty collection at an event entitled House of Hello Kitty in Tokyo.
Photographs: Yuriko Nakao/Reuters.

Japan

Rank: 2

Number of millionaire households: 1.5 million

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Japan RankIndia
Image: Office buildings and apartments are pictured in Beijing's Central Business District.
Photographs: Jason Lee/Reuters

China

Rank:
3

Number of millionaire households: 1.3 million

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India
Image: Pedestrian cross the diagonal crossing at Oxford Circus in London.
Photographs: Stefan Wermuth/Reuters

United Kingdom

Rank: 4

Number of millionaire households: 5,09,000

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United Kingdom RankIndia
Image: Zurich's main shopping street Bahnhofstrasse.
Photographs: Arnd Wiegmann/Reuters

Switzerland

Rank: 5

Number of millionaire households: 3,95,000

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SwitzerlandIndia
Image: People walk by the Apple Store in the Eaton Centre shopping mall in Toronto.
Photographs: Mark Blinch/Reuters

Canada

Rank: 6

Number of millionaire households: 3,73,000

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Canada RankIndia
Image: Cars travel past the 'Faces of Berlin' light installation during the Festival of Lights in Berlin.
Photographs: Thomas Peter/Reuters

Germany

Rank: 7

Number of millionaire households: 3,62,000

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India
Image: Taipei 101 building in Taipei.
Photographs: Nicky Loh/Reuters

Taiwan

Rank: 8

Number of millionaire households: 3,12,000

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TaiwanIndia
Image: Rome.
Photographs: Reuters.

Italy

Rank: 9

Number of millionaire households: 2,74,000

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Italy RankIndia
Image: Tourists walk past the Orsay Museum in Paris.
Photographs: Charles Platiau/Reuters

France

Rank: 10

Number of millionaire households: 2,56,000

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France RankIndia
Image: Luxurious residential blocks are seen behind Happy Valley horse racing track in Hong Kong.
Photographs: Bobby Yip/Reuters

Hong Kong

Rank: 11

Number of millionaire households: 2,31,000

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Hong KongIndia
Image: Cyclists visit a Dutch tulip field in Noordwijk, the Netherlands.
Photographs: Michael Kooren/Reuters.

The Netherlands

Rank: 12

Number of millionaire households: 1,91,000

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Netherlands RankIndia
Image: Ingots of 99.97 and 99.98 per cent pure platinum are placed at the Krastsvetmet non-ferrous metals plant in Krasnoyarsk, Russia.
Photographs: Ilya Naymushin/Reuters

Russia

Rank:  13

Number of millionaire households:1,80,000

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Russia RankIndia
Image: A Tarantula Brooch is positioned for display at a pearl exhibition in Sydney.
Photographs: Reuters

Australia

Rank: 14

Number of millionaire households: 1,78,000

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India
Image: LuLu Mall, Kochi.

India

Rank: 15

Number of millionaire households: 1,64,000


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