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14% of ultra-wealthy Indians derive wealth from salaries: Knight Frank

Megha Jain

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Image Credit: shortpedia

Nearly 14% of India's ultra-high-net-worth individuals (UHNWIs) are from salaried employee segment, according to global property consultancy Knight Frank's latest attitudes survey. This makes India the fourth highest contributor in Asia Pacific for salaried employees in the ultra-wealthy club. An UHNWI is defined with 30 million dollars (about Rs 217 crore) or more.