93 percent of India’s richest people linked to the stock market, a big disclosure in the report

93 percent of India’s rich wealth listed companies are connected to the stock market. A report by 360 One Wealth has made a big disclosure. This report has been designed in collaboration with the rating agency CRISIL, and it contains 2,013 wealth creators, which have a total net worth of more than 100 lakh crores.

Who is at the top in the list of rich people?

Akash and Anant Ambani are at the top of this list, whose personal property is 3.59 lakh crores. Isha Ambani is at the top of the list of women. Interestingly, women are now 24 percent of the total assets of the country and their participation in the pharma sector has reached 33 percent.

Mumbai became the capital of wealth

The most rich people of India live in Mumbai, 577 wealth creators here control 40 percent of the total wealth of the country. Delhi is in second and third position with 17 per cent and Bengaluru 8 per cent stake.

Stock market and listed companies dominate

According to this report, the top business houses of the country, the promoter family of Reliance, Adani and Tata Group together hold assets worth 36 lakh crores, i.e. 24 percent of the total promoter wealth.

Which sectors are making millionaires?

The most average wealth is in the banking sector. 8,500 crore per capita, followed by telecom (8,400 crore) and aviation (7,900 crore). Pharma, IT and Financial Services Sectors are constructing 26 per cent assets.

Digital India, new rich factory

Most of the young entrepreneurs who are under 40 years of age have made their wealth from digital economy. Due to startups like Zerodha, Upstox, Urban Company, Swiggy, PhysicsWallah, Unacademy, it has become easier to become a billionaire in India.

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