How do India's ultra rich speed their money?

in #news7 years ago

India's Ultra-High Net Worth Individuals (UHNIs) allocated 45% of their income towards savings and investment while the rest went towards expenses, according to a kotak wealth management report. They allocated 16% of their income to leisure and ad-hoc expenditure and gave 7% to charity. The report added that 60% of the ultra-rich surveyed were below 40 years of age.Screenshot_2018-02-15-07-58-41-1.png

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