New Delhi, Sept. 20 -- Maharashtra has firmly established itself as the nation's leading hub of wealth creation, ranking first with 1,78,600 millionaire households, a 194 per cent growth since 2021. According to the Mercedes-Benz Hurun India Wealth Report 2025, Maharashtra's rise is strongly supported by a 55 per cent surge in its Gross State Domestic Product (GSDP) since 2020-21, with Mumbai alone accounting for 1,42,000 of these households, making it the "Millionaire Capital" of India.

India as a whole now has 8,71,700 millionaire households, defined as those with a net worth of INR 8.5 crore or more. This represents a 90 per cent jump compared to 2021, signaling robust growth in household wealth across the country. Despite this nation...