India, March 5 -- The number of Indian high-net-worth individuals (HNWIs), those having assets of more than $10 million, rose 6% last year to 85,698 from 80,686 in 2023, according to Knight Frank Wealth Report 2025.

The Indian HNWI population is expected to rise to 93,753 by 2028, reflecting India's expanding wealth landscape.

This report added that the rise highlights the country's strong long-term economic growth, increasing investment opportunities, and evolving luxury market, positioning India as a key player in global wealth creation.

The number of HNWIs globally rose by 4.4% YoY in 2024 to 2,341,378 from 2,243,300 a year earlier.While North America leads in HNWI numbers this year, Asia saw the second highest increase at 5%, follo...