Equity analysis: India’s billionaire boom isn’t a sign of a hunky-dory economy
[ad_1] Yet, it is also home to one of the largest and fastest-growing populations of billionaires in the world. With 200 billionaires in 2024, according to Forbes magazine, India ranks third globally in its billionaire count, trailing only the US and China. This anomaly—of a high number of billionaires co-existing with low average income—raises critical…
