The top five wealthiest billionaires in India control nearly half that country’s billionaire wealth, a new study says. With India preparing to mark its 68th independence day this week, the democratic society has been good for the country’s wealthy, according to a study from Wealth-X. India’s top five individual billionaires The top five individual billionaires have a net worth of $85.5 billion (US), which accounts for 47.5 percent of India’s total billionaire wealth. The total net wealth in India is estimated at $5 trillion (US). A separate study published in the Guardian nearly a month ago said that the ranks of…
India's Wealthy Expected To Grow Wealth By 400% in 4 Years
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.