NEW DELHI (TIP): Indian billionaires, the sixth largest group in the rich world, have thrown up an interesting trend found nowhere else in the world — holding on to one’s roots. Despite popular notions of billionaires being jet-setting, cosmopolitan individuals, most Indian billionaires remain where they were raised. The World Billionaire Census 2013 released on Wednesday shows that 95% of Indian billionaires who currently have their primary business in India, also grew up there. The trend globally is very different. Around 23% or just 1 in 4 billionaires globally made their home city the city of their primary business. Only 39% of all billionaires globally have the same home state as the state of their primary business Billionaire hotspots such as Singapore, Switzerland and Hong Kong have emerged as favoured destinations for the ultra-rich. However, only 36, 34, and 25% of their billionaire populations respectively, grew up in these countries. Another significant finding is that not all these Indian billionaires have college degrees, let alone attending Ivy League for a degree in business management. Three of every 10 billionaires in India don’t even have a college degree.
5.5% dip in India’s billionaire population
India’s billionaire contingent (103- strong) is narrowly behind Russia (108). However India’s billionaire population has decreased by 5.5% and the total billionaire wealth has fallen by $10 billion since last year. Mumbai is among the top 5 billionaire cities in the world and the only Indian entry in the top 10 list and New York remains the business city of choice for the world’s billionaires. Asia takes eight out of the top 20 spots for billionaire cities, the most for any region in the world. Moscow accounts for more than two thirds of Russia’s billionaires. The total number of billionaires who are based in the top 20 cities is 661, representing 30% of the world’s billionaires. India is one of the few countries where finance, banking and investments are not the most significant industries. Instead, industrial conglomerates and pharmaceuticals are the first and second most significant industries for Indian billionaires. Only 3% of Indian billionaires are female, the joint lowest of any focus country. The majority of Indian billionaires are college-educated with 72% possessing at least a bachelor’s degree (Switzerland and the US are the only other two focus countries that have a higher proportion of universityeducated billionaires). The Wealth-X and UBS Billionaire Census 2013 showed that Asia is where the largest number of newly-minted billionaires is based — since July 2012, 18 new billionaires came up in Asia with a total wealth of $136 billion. Asia was followed by North America (11).
Five of the top 10 countries with the highest percentage of self-made billionaires are from Asia. Every region increased in wealth terms, with Asia the fastest growing at 12.9%. The global billionaire population reached a record 2,170 individuals in 2013 and total billionaire wealth in Asia surged nearly 13% making it the fastestgrowing region. At current growth rates, the census, the first-ever comprehensive global study on this ultra-wealth tier, forecasts that Asia will catch up with North America in five years. Asia also saw the highest percentage rise in billionaire population (3.7% from 2012) and total wealth (13%) in 2013, suggesting that it is driving the tectonic shifts in wealth globally. The report also shows that 810 individuals became billionaires since the 2009 global financial crisis. The billionaire population’s combined net worth more than doubled from $3.1 trillion in 2009 to $6.5 trillion in 2013 — enough to fund the United States’s budget deficit until 2024, and greater than the GDP of every country except the US and China. Wealth-X forecasts that the global billionaire population will increase by 1,700 individuals to nearly 3,900 by the year 2020. Europe is home to the most billionaires (766 individuals). However, North America has the most billionaire wealth ($2,158 billion). Around 60% of billionaires are selfmade, while 40% inherited their wealth or grew their fortunes from inheritance. Only 17% of female billionaires are selfmade, while 71% gained their fortunes through inheritance.
That is really attention-grabbing, You are a very
skilled blogger. I have joined your feed and look forward to seeking more of your magnificent post.
Additionally, I have shared your site in my social networks
This is really attention-grabbing, You are an excessively skilled blogger.
I have joined your rss feed and look forward to in search of more of your great post.
Additionally, I’ve shared your web site in my social networks
Do you have a spam issue on this website; I also am a blogger, and I
was curious about your situation; we have created some
nice methods and we are looking to trade techniques with other folks, please shoot me an e-mail if interested.
Pretty portion of content. I simply stumbled upon your site and in accession capital to
claim that I acquire in fact enjoyed account your weblog posts.
Anyway I will be subscribing in your augment or even I
fulfillment you get entry to consistently fast.
Excellent website you have here but I was curious if
you knew of any forums that cover the same topics
talked about here? I’d really love to be
a part of community where I can get advice from other experienced individuals that share
the same interest. If you have any suggestions, please let me know.
Thanks!
Wow! This blog looks just like my old one! It’s on a completely different topic but it
has pretty much the same layout and design. Superb choice of colors!
These are in fact wonderful ideas in concerning blogging.
You have touched some good factors here. Any way keep up wrinting.
This piece of writing is in fact a pleasant one it helps new web users, who are wishing for blogging.
Does your blog have a contact page? I’m having a tough time locating it but, I’d
like to send you an email. I’ve got some recommendations for
your blog you might be interested in hearing. Either way,
great site and I look forward to seeing it develop over time.
you’re in reality a good webmaster. The website loading
velocity is amazing. It seems that you are doing
any distinctive trick. Moreover, The contents are masterwork.
you have performed a fantastic process on this subject!
Fantastic web site. Plenty of helpful info here. I’m sending it to a few buddies ans additionally sharing in delicious.
And obviously, thank you in your sweat!
Crest White strips
Because the admin of this website is working, no question very quickly it will be renowned, due to
its feature contents.
Everyone loves it when people get together and share views.
Great blog, continue the good work!
Hello There. I found your blog using msn. This is a very
well written article. I’ll make sure to bookmark it
and return to read more of your useful info.
Thanks for the post. I’ll definitely return.
Write more, thats all I have to say. Literally, it seems
as though you relied on the video to make your point. You obviously know what
youre talking about, why waste your intelligence on just
posting videos to your weblog when you could be giving us something enlightening to read?
サイズに関する情報が非常に明確で助かります。正確なサイズ情報が把握でき非常に安心できます。ボディの細部ディテールのクオリティが高く完成度に期待が持てる。高クオリティなボディメイクがオーダー可能で選択肢が広がる。このような誠実な対応から強い信頼感を覚えます
This post gives clear idea in favor of the new users of blogging,
that in fact how to do blogging and site-building.
Tremendous things here. I’m very glad to see your post.
Thank you a lot and I’m having a look forward to contact you.
Will you please drop me a mail?
Aw, this was a really good post. Taking the time and actual effort
to produce a really good article… but what can I say… I put things off a whole lot and never manage to get nearly anything done.
I all the time emailed this blog post page to all
my associates, because if like to read it after that my contacts will too.
Howdy! This is my first visit to your blog! We are a team of volunteers and starting a new project in a community in the
same niche. Your blog provided us valuable information to work on. You have done a outstanding job!
Good article. I’m experiencing a few of these issues as well..
A motivating discussion is definitely worth comment. I believe that you ought
to write more on this subject, it may not be a
taboo subject but typically folks don’t discuss such issues.
To the next! Kind regards!!
Unique-domain blog comments can add diversity to an SEO backlink
profile when the placements are relevant and the anchor text looks natural.
The detailed report is also useful for tracking the links.
Why visitors still use to read news papers when in this technological globe the whole
thing is accessible on net?
Do you mind if I quote a couple of your posts as long as I provide credit and sources back to your website?
My blog is in the exact same niche as yours and my users would definitely benefit from some of the information you present here.
Please let me know if this alright with you. Appreciate it!
Quality content is the secret to be a focus for the users to go to see the web site, that’s what this site is providing.
Greetings from Colorado! I’m bored to tears at work so I decided to check out
your blog on my iphone during lunch break. I enjoy the information you provide
here and can’t wait to take a look when I get
home. I’m surprised at how quick your blog loaded on my cell phone ..
I’m not even using WIFI, just 3G .. Anyways, very good
blog!
Your style is so unique in comparison to other folks I’ve
read stuff from. Thank you for posting when you have the opportunity, Guess I
will just book mark this web site.
This is my first time pay a visit at here and i am in fact happy to read all at single
place.
Yes! Finally someone writes about porno.
Heya are using WordPress for your blog platform? I’m new to the
blog world but I’m trying to get started and set up my own. Do
you need any html coding knowledge to make your own blog?
Any help would be really appreciated!
portalisrael
I don’t know if it’s just me or if everyone else experiencing issues with your site.
It appears as if some of the text within your
posts are running off the screen. Can somebody else please comment and let me know if this is happening to them too?
This could be a issue with my web browser because I’ve had this happen previously.
Appreciate it
대구출장마사지 친친마사지에서 동성로·동대구역·수성구·성서 등 지역별 방문 안내와
마사지 코스를 확인하세요. 아로마·스웨디시·건식 등 가격은 별도 문의이며,
전화 상담은 010-2511-4353로 가능합니다.
WOW just what I was searching for. Came here by searching for australiagambler.com
Hi! This post could not be written any better! Reading this post reminds me of my old
room mate! He always kept chatting about this. I will forward this post to him.
Fairly certain he will have a good read. Thanks for sharing!