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Pronay Dutta
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Pronay DuttaKnowledge Contributor
Asked: May 10, 20242024-05-10T20:23:45+05:30 2024-05-10T20:23:45+05:30In: Lifestyle

What it takes to be in the top 1% in India ?

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What it takes to be in the top 1% in India ?
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  1. Pronay Dutta
    Pronay Dutta Knowledge Contributor
    2024-05-10T20:27:36+05:30Added an answer on May 10, 2024 at 8:27 pm

    The Knight Frank Wealth Report suggests that the entry point for the top 1% in India is around $12.4 million (slightly over Rs. 102 crore), considering wealth encompassing assets, investments, and property.The study is based on Knight Frank’s Wealth Sizing Model, and the threshold for reaching the top 1 per cent richest differs from country to country. India is placed 22nd on the list of countries, above South Africa, the Philippines and Kenya.

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