The top 1% of income earners in India accounted for an unprecedented 22.6% of the overall income generated in the country between 2022 and 2023, a study by theWorld Inequality Lab (WLI) revealed. India's metric is one of the highest in the world — surpassing levels in the United States ...
Although the decline affected the entire top 1%, the losses faced by the top 0.01% were especially large. Combined with identical trends in top income shares, it appears that the 1950–1980 expropriations of India's rich had similarities to institutional transitions and shocks faced by European ...
People with an ultra-high net worth - the top 1% of wealthy individuals - accounted for 75% of the decline, according to the data from Capgemini's World Wealth Report 2019. Richest get poorer for first time in eight years The World Wealth Report 2019, published by Capgemini, found that...
I met with Rohini & Rajat a number of years ago and have received nothing but a top-notch client experience. I have always found them to be ethical, client focused, and more than willing to go the extra mile for me and my personal goals. I have no hesitation whatsoever in referring th...
stand in the centre of the house with a compass and after aligning the needle, look and see where the main door is located. That needs to be in the good sector of the master of the house. The kitchen and master bedroom should be in the good sector of the lady of the house. The ...
Dan Brocklebank, head of UK at Bermuda-based Orbis Investments, discusses why there is value in the UK and South Korean markets. He also reviews some of the firm’s UK domiciled funds, and outlines his top stoc... Fund Management
Incontrast,China’sUHNWnumbersfellby1%,reflectingarelativelysluggisheconomyandadeepeningreal-estatedownturn (HongKong’sUHNWnumbersalsofollowedthistrend).However,Asia’sotherleading wealthmarketsofJapanandIndiaenjoyedrobustgrowth. Threeofthetop10fastest-growingUHNWcitiesoverthenextfiveyearswillbein India.Reflectingth...
As the fastest riser across the top 50, Indonesia’s energy billionaire Prajogo Pangestu saw his wealth climb an incredible 971%. The majority of gains were driven from Barito Renewables, his geothermal power company, going public in October 2023. By contrast, India’s Gautam Adani saw the ...
In South Africa, high levels of wealth inequality have persisted since 1994, to the extent that 1% of the population owns 50% of the wealth. This study examines how macroeconomic policies influenced wealth inequality in South Africa over the period 2010 to 2019 using a behavioural life-cycle mo...
however, which was the happiest country worldwide in 2022, is missing in the list of top twenty countries with the highest wealth per adult. As such, the explanation for this may be the fact that the larger proportion of the population has access to a high income relative to global levels...