Global Billionaires Set to Surge as India Rises to Third Place, Knight Frank Reports
Updated
Updated · Forbes · Apr 23
Global Billionaires Set to Surge as India Rises to Third Place, Knight Frank Reports
54 articles · Updated · Forbes · Apr 23
The number of global billionaires is projected to reach nearly 4,000 by 2031, according to Knight Frank’s latest Wealth Report.
India’s billionaire population is expected to rise 51% by 2031, making it the third-largest globally, while its ultra-rich population will also see strong growth.
This surge is driven by technology, capital markets, and entrepreneurship, reflecting a broader shift in global wealth distribution and rising economic influence of emerging markets.
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