Hurun Report, the world’s largest rich list compiler, released the second edition of Hurun India Wealth Report 2021, a macro research on India’s wealth landscape, today.
As per the Hurun India Wealth Report 2021, 70% of India’s millionaires that were surveyed preferred sending their children abroad for education. Of these, 29% preferred the US for their kids’ education, 19% preferred the UK, 12% preferred New Zealand and Germany found favour with 11%, the report said.
Mumbai has the most number of millionaire households at 20,300.
Hurun Report also released the second edition of Hurun Indian Luxury Consumer Survey 2021 (survey on more than 50 data points) that gives insights on Indian millionaire brand preferences, consumption habits and lifestyle trends.
The Hurun Research Institute surveyed 350 Indian ‘millionaires’, defined as individuals with a personal wealth of USD 1 million (equivalent to INR 7 crore). Amongst them were 42 super-rich (12%), defined as individuals with wealth of INR 100 crore. Their average wealth was USD 6.7 million; the average age was 35 years, one year older than last year; the ratio of men to women surveyed was 8:2.
Source: https://www.hurunindia.net/hurun-india-wealth-report-2021
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