Wealth in India

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What do India’s richest people spend their money on? Latest wealth report reveals trends about Rolex, Gucci and more
MINT· 2025-09-18 10:30
The Mercedes-Benz Hurun India Wealth Report 2025 highlights the rapid rise of India’s wealthy households, which have almost doubled since 2021 to 8,71,700.These millionaire families, with net worth above ₹8.5 crore, now form 0.31% of all households. Confidence in India’s growth remains high, with 83% optimistic about the next three years.The surge comes with GDP growth, stock market gains, new billionaires and rising gold prices.Maharashtra leads with 1,78,600 millionaire households, fuelled by Mumbai’s 1,4 ...