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Mains Current Affairs (Economy)

Blue Food Economy

3rd Mar, 2023

High net worth individuals (HNIs)

  • HNIs are those who have wealth of over $1 million or ?8.2 crore.
  • According to the Henley Global Citizens Report, there were 3.47 lakh such people in India in December 2021. 
    • Of these, 1.49 lakh HNIs were found in just nine cities: Mumbai, Delhi, Kolkata, Bengaluru, Hyderabad, Pune, Chennai, Gurgaon, and Ahmedabad.
  • According to the report, India ranked fourth in the world in terms of privately-held wealth, after the U.S., China, and Japan
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