Why Ultra-rich Individuals are Leaving India? - In News | Drishti IAS English

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According to the latest edition of the Henley Private Wealth Migration Report (2023), India is expected to witness a net outflow of 6,500 ultra-rich. The more technical term for these ultra-rich is High Net-Worth Individuals (HNWIs) and it refers to people so rich that they have an investable wealth of US$1 million or more. In rupee terms that threshold means Rs 8.2 crore or more.

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#UltraRich #HNWIs #WealthCrisis