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    In pics: Cities with most millionaire households, brands high-net-worth persons prefer

    The second edition of the Hurun India Wealth Report 2021 and Hurun Indian Luxury Consumer Survey 2021 were released on February 18.

    Moneycontrol News
    February 19, 2022 / 09:54 AM IST
    The second edition of the Hurun India Wealth Report 2021 and Hurun Indian Luxury Consumer Survey 2021 was released on February 18.
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    The second edition of the Hurun India Wealth Report 2021 and Hurun Indian Luxury Consumer Survey 2021 were released on February 18.
    The number of dollar-millionaire households in India rose 11 percent to 4,58,000 as compared to last year. The net worth of these households is at least Rs 7 crore.
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    The wealth report showed that the number of dollar-millionaire households in India rose 11 percent to 4,58,000 as compared to 2020. The net worth of these households is at least Rs 7 crore.
    No 77: India | India’s rank has improved by 23 positions from last year, indicating that it is continuing its steady shift towards global standards. The World Bank said that this is mainly due to India’s continued reform agenda, which has made it the top-ranked economy in the region. Reduced import and export times, upgradation of port infrastructure, and the digitisation of document submission has also helped elevate India.
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    The maximum number of dollar-millionaire households is in Mumbai. The financial capital of India houses 20,300 such households.
    Second on the list is Delhi with 17,400 millionaire households.
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    Second on the list is Delhi with 17,400 millionaire households.
    Kolkata has 10,500 millionaire households, the Hurun India Wealth Report 2021 showed.
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    Kolkata has 10,500 millionaire households, the Hurun India Wealth Report 2021 showed.
    The Hurun report estimates that the number of dollar-millionaire households in India is likely to increase by 30% over the next five years. The number of millionaire households is expected to reach 6,00,000 by 2026.
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    The Hurun report estimates that the number of dollar-millionaire households in India is likely to increase by 30% over the next five years. The number of millionaire households is expected to reach 6,00,000 by 2026.
    Hurun has also done a luxury consumer survey, which reveals the brand preferences of millionaires. The survey found that watch-collection is the preferred hobby of high-net-worth individuals. Of the individuals surveyed by Hurun, 63 percent own at least four watches.
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    Hurun has also done a luxury consumer survey, which reveals the brand preferences of millionaires. The survey found that watch-collection is the preferred hobby of high-net-worth individuals. Of the individuals surveyed by Hurun, 63 percent own at least four watches.
    One-fourth of the survey’s respondents change their cars in less than three years. Their most-preferred car brands are Mercedes-Benz followed, Rolls-Royce and Range Rover. Lamborghini is the most preferred luxury sports car brand.
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    One-fourth of the survey’s respondents change their cars in less than three years. Their most-preferred car brands are Mercedes-Benz, Rolls-Royce and Range Rover. Lamborghini is the most preferred luxury sports car brand.
    The Hurun survey found that one-third high-net-worth individuals followed a risk-averse investment philosophy during the pandemic.
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    The Hurun survey found that one-third high-net-worth individuals followed a risk-averse investment philosophy during the pandemic.
    Happiness index among millionaires has fallen, the survey shows. “66% of the survey respondents indicated that they are happy with both personal and professional life, compared to 72% in 2020,” Hurun said.
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    Happiness index among millionaires has fallen, the survey shows. “66% of the survey respondents indicated that they are happy with both personal and professional life, compared to 72% in 2020,” Hurun said.