The Billionaires Club of India almost doubled from last year to 54 members up from 27, aided by a rebounding stock market that gained two-thirds in the past year and an economy growing at six per cent.
According to Forbes Asia magazine, the country's 100 richest people have a combined net worth of $276 billion, which was almost a quarter of the country's GDP.
Last year, there were only 27 billionaires on the India Rich List. This year, the number has almost doubled to 52-two short of what India had at the peak of the stock market boom in 2007.
No comments:
Post a Comment