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No of rich House Holds grows 12% while wealth only grew 5% in 2017

Megha Jain
Content Head

According to a report, the number of rich has grown 12% in our country in 2017, however, the collective wealth of the country only increased by 5%, highlighting the much hyped and discussed inequality problem. The study, commissioned by Kotak Wealth Management, also shows that over the next five years, the number of such households will grow to 3.30 lakh and their net worth will grow to Rs 352 trillion.


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