Business Standard

Ultra High Networth Individuals

Billionaires' wish: Concierge companies rise to serve India's richest

Organising a private wine-tasting event in Tuscany or a coaching class with an international sport champion: Wealthy clients have a demanding wish list

Billionaires' wish: Concierge companies rise to serve India's richest
Updated On : 18 Jul 2024 | 11:09 AM IST

India to see highest rise in number of ultra-rich in 5 years: Knight Frank

Knight Frank's 'The Wealth Report' says Asia will dominate the rise in the number of ultra-rich

India to see highest rise in number of ultra-rich in 5 years: Knight Frank
Updated On : 28 Feb 2024 | 11:33 PM IST

Many Indian HNIs being asked by foreign banks to shut accounts: Report

Two British banks, one Swiss bank and a leading Emirates lender have closed the accounts of these Indians in the last two months

Many Indian HNIs being asked by foreign banks to shut accounts: Report
Updated On : 29 Dec 2023 | 11:30 AM IST

Art, watches & luxury handbags to see the highest interest from ultra-rich

According to a report by Knight Frank, 53 per cent of ultra-high-net-worth Indians are likely to purchase these three items in the current year

Art, watches & luxury handbags to see the highest interest from ultra-rich
Updated On : 09 Aug 2023 | 1:09 PM IST

India to have over 7,000 more ultra-rich individuals by 2027: Knight Frank

The number of those with a net worth of and above $30 million in India will be 19,119 in 2027

India to have over 7,000 more ultra-rich individuals by 2027: Knight Frank
Updated On : 17 May 2023 | 1:38 PM IST

Ultra-rich Indians are now parking more money in gold: Knight Frank survey

The rise in allocation in gold is mainly owed to the significant returns it has given in the past few years

Ultra-rich Indians are now parking more money in gold: Knight Frank survey
Updated On : 21 Apr 2023 | 4:27 PM IST

How to set up a family office abroad? More wealthy Indians want to know

For Indians, Dubai and Singapore are popular destinations. Significantly, Singapore recently opened an agency to welcome family wealth management firms

How to set up a family office abroad? More wealthy Indians want to know
Updated On : 14 Mar 2023 | 2:02 PM IST

Philanthropy by India's super rich falls by a third in FY22, says report

The dramatic fall was because contributions by the Azim Premji Foundation dropped by Rs 9,000 cr

Philanthropy by India's super rich falls by a third in FY22, says report
Updated On : 02 Mar 2023 | 6:30 AM IST

Ultra-rich Indians seek residency in Portugal for better healthcare

Apart from investing in housing, Indians are also applying for 'jumbo life and term' insurance covers worth $20 million

Ultra-rich Indians seek residency in Portugal for better healthcare
Updated On : 31 Oct 2022 | 12:52 PM IST

Why are India's super wealthy looking abroad for family offices?

RIL Chairman Mukesh Ambani is setting up a family office. It's a trend among wealthy Indian families who set up such entities, often overseas. Find out why the India's super wealthy are looking abroad

Why are India's super wealthy looking abroad for family offices?
Updated On : 10 Oct 2022 | 1:43 PM IST

Singer India zooms 43% after promoter offloads 22% stake via block deals

Rare Investments, the investment arm of late Rakesh Jhunjhunwala acquired 4.25 million equity shares or 7.91 per cent stake in Singer India on Tuesday, showed block deal data

Singer India zooms 43% after promoter offloads 22% stake via block deals
Updated On : 18 Aug 2022 | 12:47 AM IST

Giving back: Techpreneurs reshape philanthropy, one donation at a time

UHNI is classified as those with a networth of over Rs 1,000 crore, making donations of over Rs 5 crore

Giving back: Techpreneurs reshape philanthropy, one donation at a time
Updated On : 22 Mar 2022 | 6:10 AM IST

Ultra HNIs allocate 29% of wealth to buy primary, second homes in 2021

Nearly 30 per cent wealth of Indian ultra-high-net-worth individuals (UHNWIs) was allocated towards purchase of principal and second housing properties last year, according to Knight Frank.

Ultra HNIs allocate 29% of wealth to buy primary, second homes in 2021
Updated On : 01 Mar 2022 | 6:01 PM IST

When regular flights stalled, the well-heeled hired entire aircraft

The scramble for charter air services in the second Covid-19 wave was similar to that seen during the first wave

When regular flights stalled, the well-heeled hired entire aircraft
Updated On : 19 Jun 2021 | 9:49 AM IST

Indian UHNIs to invest up to $30 bn in tech startups by 2025: Report

The report titled, 'Turning Ideas to Gold', also noted that India could add 95 new tech unicorns to its 56-strong unicorn pool by the same time period.

Indian UHNIs to invest up to $30 bn in tech startups by 2025: Report
Updated On : 18 Jun 2021 | 2:17 AM IST

Category-III AIFs increasingly forego lock-ins, turn to open-ended schemes

Majority of funds now open for subscription have no lock-in

Category-III AIFs increasingly forego lock-ins, turn to open-ended schemes
Updated On : 23 Apr 2021 | 11:43 PM IST

Succession planning: Will easy to make, but Trust more robust, say experts

UHNIs should make succession planning top priority

Succession planning: Will easy to make, but Trust more robust, say experts
Updated On : 20 Mar 2021 | 6:10 AM IST

Covid influenced 84% of ultra-wealthy Indians to rethink succession plans

The report is by Knight Frank, an international property consultancy firm

Covid influenced 84% of ultra-wealthy Indians to rethink succession plans
Updated On : 16 Mar 2021 | 2:57 PM IST

India's rich club to grow 75% by 2025 despite pandemic: Knight Frank study

As many as 91% of the ultra-rich are expecting a massive increase in their wealth over the next five years

India's rich club to grow 75% by 2025 despite pandemic: Knight Frank study
Updated On : 25 Feb 2021 | 12:43 AM IST

Ultra-high networth population in India may rise 63% in 5 yrs: Knight Frank

The billionaires club in India, according to Knight Frank, is expected to increase significantly by 43 per cent to 162 by 2025 from the current 113 in 2020

Ultra-high networth population in India may rise 63% in 5 yrs: Knight Frank
Updated On : 24 Feb 2021 | 3:24 PM IST