'He has been a promoter and supporter of these Games during his first term. These Games were allocated to Los Angeles during the first term. He loves sport.'
The report however noted that the migration of super rich from China and India is not a "concern".
India is among the top five Asia Pacific countries in terms of total private wealth held, but at the bottom in terms of per capita income.
'My father was asking me what an IPO is. He has no clue and he has never been an investor.' 'My mother, who was the one to ring the bell, has been an investor in Policybazaar for the past 6-7 years and I would say she has made good returns.'
The U.S. still leads the world in number of millionaire households, but maybe not for long -- household wealth is growing fastest in China.
Although the world economy is going through a rough time, there is no shortage of millionaires and billionaires in the world.
Take the Rediff Business Quiz and find what you know about the world's and India's richest people.
From drop-dead gorgeous diamonds to souped-up sports cars, sneak a peek at the spending habits of the 'middle-class millionaire.'
Global wealth has more than doubled since 2000, reaching a new all-time high of $241 trillion, find the 2013 Credit Suisse Wealth Report.
After making waves overseas, Danny Boyle's Slumdog Millionaire is all set to release in India in January.
World athletics chief Sebastian Coe, multi-millionaire and Olympic newcomer Johan Eliasch and Zimbabwe's Sports Minister Kirsty Coventry are among seven candidates for next year's International Olympic Committee presidency election, the IOC said on Monday.
The Spectrem Affluent Investor Confidence Index -- which measures the investment confidence and outlook of households with $500,000 or more in investable assets -- fell five points in December to -15.
A study by New York-based Deloitte Center for Financial Services, titled The next decade in global wealth among millionaire households, says India is likely to experience the largest growth of a whopping 405 per cent in total millionaire wealth over the next decade.
Crorepatis build wealth through disciplined saving, smart investing, and strategic risk-taking, proving that true financial freedom is earned, not inherited, says Ramalingam Kalirajan
Sunil Gavaskar called out the double standards of the Australian cricket pundits for their criticism of Mohammed Siraj's aggressive send-off to Travis Head.
'I am still the kid who loves chess. It used to be the coolest toy.'
Rishabh Lawania's three tips for success: 1. Innovate. 2. Fail fast. 3. Always see ahead of time.
"I don't know if he has seen Slumdog Millionaire. I know he wants to," White House spokesman, Robert Gibbs, told reporters during the course of his daily press briefing.
Danny Boyle's Slumdog Millionaire, an art house hit in America and Canada and which will roll out of across the United Kingdom next month, grabbed a trio of top awards at the British Independent Film Awards. The film, which is slowly adding extra theatres each week, was No 11 on the North American box-office chart for the weekend, earning $1.36 million, taking its total to $3.6 million. It is in 49 theatres, having added 17 over the weekend.
The number of millionaires in China crossed a million mark for the first in the Communist nation, putting it in the elite club of the wealthy nations like US and Japan.
In Bangalore, there are 1.05 lakh (105,000) such households, while in Mumbai there are 1 lakh (100,000) households that belong to this elite club.
Mumbai has the most number of millionaires in the country with as many as 18,939 individuals declaring income of over Rs 10 lakh to the Income Tax Department, the Rajya Sabha was informed on Tuesday.
China is close to have one million millionaires with rapid expansion of the new rich, cashing on the booming private business in the Communist country.
Just a generation ago, a person with $2 million or more in liquid assets would have had enough for a secure retirement. But not today. Combine longer life expectancies and the rising costs of health care, food, transportation and property, and you have financial challenges ahead for the mMillionaire.
Indian millionaires are growing in numbers and the population of individuals with liquid wealth of $1 million is expected to touch 1.1 million by 2009, says a survey by plastic card major American Express.
India has the potential to become the fourth largest economy by 2025 and the third largest by 2050, behind only US and China, says the 2006 World Wealth Report published by Merrill Lynch and Capgemini.
The Federal Bureau of Investigation is probing the incident. A federal official told CNN that no foul play is suspected in his death.
The party had won 67 seats in the 2025 assembly polls and 62 in the 2020 elections.
India is ahead of China in producing millionaires as the Communist giant witnessed a rise of only 12 per cent in the number of wealthy persons in the year 2003 compared to its India's 22 per cent.
Slumdog Millionaire was nominated in the following BAFTA categories: Best Film, Adapted Screenplay, Cinematography, Editing, Music, Production Design, Sound and Outstanding British Film.
The number of millionaire households in India jumped nearly 21 per cent.
Slumdog Millionaire not only getting the some of the best reviews in recent years but also doing brisk business in arthouses. The Danny Boyle directed film, focusing on three slum children in Mumbai and their tryst with fate as grown-ups, grossed a highly promising $420,000 in just five days in 10 theatres in North American cities.
'Our fractured world has been embroiled in wars and hatred, and many sessions reflect these concerns.'
Seeking a wealthy mate? Consider looking online first before shelling out thousands on traditional matchmakers.
Huge success in their careers -- or divorce courts -- has made them extraordinarily wealthy.
Harry Potter star Daniel Radcliffe, who has added 3 million pounds to his wealth in the past year and is now worth 20 million pounds, is the richest actor in the young millionaires list.
India is home to the eighth largest group of super rich people in the world, as there are as many as 14,800 multi-millionaires in the country.
Ayush Manesh Khedekar who played young Jamal in the Oscar-winning movie is in Cannes to promote his latest movie Shyam's Secret.
In the bustling Chinese city of Shanghai, around 132,000 people have a personal wealth of 10 million yuan ($1.54 million).
