WEALTH PER ADULT REPORT

Oct. 19, 2018

According to a Credit Suisse report, Wealth per adult in India stands at $7,020, while in China it is $47,810.

About:

  • Globally, Switzerland remains the richest nation in the world in terms of wealth per adult in mid-2018, followed by Australia ($ 411,060).

  • India created 7,300 more millionaires during the 12 months to mid-2018, taking the total number of dollar-millionaires to 343,000, who are collectively worth around $6 trillion. However, the wealth per adult stayed at $ 7,020 as against $47,810 in China (Rs 35.14 lakh).