India sixth wealthiest country with total wealth of $8,230 billion: Report
NEW DELHI: India has been ranked sixth in the list of wealthiest countries with total wealth of $8,230 billion, while the United States topped the chart, says a report by New World Wealth.
According to the report, the United States is the wealthiest country in the world as the total wealth held in 2017 amounted to $64,584 billion, followed by at the second place with $24,803 billion and Japan with $19,522 billion at third.
Total wealth, refers to the private wealth held by all the individuals living in each country/city. It includes all their assets (property, cash, equities, business interests) less any liabilities. The report, however, excludes go nment funds from its figures.
Others in the list include United Kingdom (4th, $9,919 billion), Germany (5th, $9,660 billion), France (7th, $6,649 billion), Canada (8th, $6,393 billion), Australia (9th, $6,142 billion) and Italy (10th, $4,276 billion).
The report further ned that India was the best performing wealth market globally in 2017 as its total wealth swelled from $6,584 billion in 2016 to $8,230 billion in 2017, registering a 25 per cent growth.
P Reddy-Hyderabad-14 hours ago
It''s all because of Modi. Jai ho Modi.
Rn-14 hours ago
where are we wealth per capita wise? hugely misleading headline
Makdxb-INDIA-14 hours ago
India is rich no doubt. But it is all in the hands of 1% rich group. If the rich people are not ready to serve the country, then the inequality will be widened. If it continues people of the country will challenge the Gt and the wealthy group.
veerukohlu kohli-12 hours ago
Farmers r committing suicide and Adanis are becoming richer..shame on NaMo
Ali-Kolkata-12 hours ago
1% of Indian owns the total wealth of the country.so chill don't be too happy about it...There are people who have to skip lunch or dinner to meet ends.There are kids who die of starvation and there are people who die of ailment due to finance and the rest of us are doing Hindu and Mus m and Chr tian..
Suri-Anon-14 hours ago
Tiny UK has higher wealth than 1.2 billion people of India.
Senior Citizen-12 hours ago
Out of $ 8230 Billion $ 8200 Billion are with Ambanee , Adhanees & Pathanjali ! India is in first for the poorest people of the word ! The Gap between the poor & Rich is like North Pole & South Pole , Gt is only to maintain the Gap !
Drgaurav Sharma-Singapore-11 hours ago
Not India, few Indians
Mahesh-13 hours ago
40 to 50 %, indian citizens are Bellow poverty line and India still wealthiest country.? Kya bat hai. survey agency guys must have got degrees from bihar University