BUSINESS

India is the 10th wealthiest nation in the world, US leads

October 29, 2015

In the top 20 list for total individual wealth, India bettered Spain, Brazil, South Korea, Switzerland, Mexico, Netherlands, and Belgium, among others.  

Image: India is ranked 10 among the 20 wealthiest countries in the world in terms of private wealth held by individuals. Photograph: Reuters

India is ranked 10 among the 20 wealthiest countries in the world in terms of private wealth held by individuals, says a report by Johannesburg-based The New World Wealth, a research consultancy that tracks the global wealth sector.

The value of total individual wealth in India - which includes property, cash, equities and business interests - is pegged at $3,492 billion in 2015, said the report titled The W20: The 20 Wealthiest Countries in the World .

 Meanwhile, take a look at the top ten wealthiest nations in the world.....

 

Image: A child plays near the ice-covered Josephine Shaw Lowell Memorial Fountain, in frigid temperatures in Bryant Park in the Manhattan borough of New York city. Photograph: Mike Segar/Reuters 

Country: US

Rank: 1

Individual wealth: $48,734 billion

Image: China is at second position in the world's welathiest nations list. Photograph: Reuters

Country: China

Rank: 2

Individual wealth: $17,254 billion

 

Image: Women walk under ginkgo trees in Tokyo. Photographs: Yuriko Nakao/Reuters

Country: Japan

Rank: 3

Individual wealth: $15,230 billion

Image: Hat designer Fiona Bennett and her assistants work at Potsdamer Street in Berlin.
Photographs: Thomas Peter/Reuters
    

Country: Germany

Rank: 4

Individual wealth: $9,358 billion

Image: Britain's Queen Elizabeth speaks with a member of staff as she inspects a tube train during her visit to Baker Street underground station in London. Photograph: Chris Radburn/Reuters.

Country: UK

Rank: 5

Individual wealth: $9,240 billion

Image: The Cour Carree of the Louvre Museum is reflected on a giant mirror installed for the French fashion house Christian Dior Autumn/Winter 2015/2016 women’s ready-to-wear collection show during Paris Fashion Week. Photograph: Charles Platiau/Reuters

Country: France

Rank: 6

Individual wealth: 8,722 billion

Image: Italy is in the top ten list of world's most wealthiest nations. Photograph: Reuters

Country: Italy

Rank: 7

Individual wealth: $7,308 billion

Image: Canada is also one of the wealthiest countries in the world. Photograph: Reuters

Country: Canada 

Rank: 8

Individual wealth: $4,796 billion

Image: Shoppers are seen at an outdoor mall in Melbourne. Photograph: Mick Tsikas/Reuters

Country: Australia

Rank: 9

Individual wealth: $4,497 billion

Image: Tourists outside the Taj Hotel in Mumbai. Photograph: PTI

Country: India

Rank: 10

Individual wealth: $3,492 billion

 

Recommended by Rediff.com

NEXT ARTICLE

NewsBusinessMoviesSportsCricketGet AheadDiscussionLabsMyPageVideosCompany Email