By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Reading: Around 60% of India’s uber-rich’s wealth parked in Real Estate and Gold: Bernstein Report – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Around 60% of India’s uber-rich’s wealth parked in Real Estate and Gold: Bernstein Report – World News Network
Business

Around 60% of India’s uber-rich’s wealth parked in Real Estate and Gold: Bernstein Report – World News Network

worldnewsnetwork
Last updated: August 4, 2025 12:00 am
worldnewsnetwork 4 weeks ago
Share
SHARE

New Delhi [India], August 4 (ANI): Around 60 per cent of India’s Uber rich wealth is still parked in real estate and gold, according to a report by Bernstein. Uber rich individuals includes Ultra High Net Worth Individuals (UHNI), High Net Worth Individuals (HNI), and the Affluent class.
The report stated “Uber Rich own approx. USD 2.7 Tn in serviceable assets, approx. 60 per cent wealth still parked in real-estate & gold”.
As per the report, India’s total household assets are valued at USD 19.6 trillion.
Out of this, USD 11.6 trillion, which is 59 per cent, is held by the top wealth bracket referred to as the “Uber Rich”.
This group includes the Ultra High Net Worth Individuals (UHNI), High Net Worth Individuals (HNI), and the Affluent class.
Together, they account for just about 1 per cent of Indian households but hold 60 per cent of the total assets and 70 per cent of the financial assets in the country.
Of the USD 11.6 trillion held by the Uber Rich, only USD 2.7 trillion is considered to be in serviceable financial assets like direct equity, mutual funds, insurance, and bank or government deposits.
This USD 2.7 trillion is defined as the “Serviceable Addressable Market (SAM)” for wealth managers, suggesting that this segment of financial assets can be actively managed, advised on, or invested.
As per report, the remaining USD 8.9 trillion is parked in non-serviceable assets such as physical real estate, gold, promoter equity, and currency assets, areas that are traditionally not managed by wealth managers or are harder to reallocate easily.
Breaking down the Uber Rich group further, the report showed that there are around 35,000 UHNI households with a net worth of over USD 12 million.
These households have an average income of USD 4.8 million and average assets of USD 54 million, out of which USD 24 million are financial assets.
Together, the Uber Rich control USD 4.5 trillion in financial assets, nearly 70 per cent of the country’s total financial assets.
The report also highlighted that there is a significant opportunity for Indian wealth managers, especially in servicing the country’s ultra-wealthy households.
It pointed out that income disparity in India is significant, but wealth disparity is even more striking.
The top 1 per cent earns 40 per cent of all income, while the bottom majority, or the “Rest of India,” holds a very small portion of both income and assets. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

NALCO eyes commercial lithium mining in Argentina – World News Network

US tariffs on India due to Trump’s ‘personal pique’ of not being allowed to mediate in India-Pak conflict: Jefferies – World News Network

Ganesh Chaturthi Offers on Budget-Friendly Washing Machine from Top Brands – World News Network

Dr. Nirmala Sadasivam Conferred with the Prestigious Dronacharya Award for her 36 Years of Service in Reproductive Medicine – World News Network

Jyotiraditya Scindia inspires youth at IIIT-Delhi tech fest with vision of ‘Vishwaguru Bharat’ – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article Nathan Smith ruled out of second Test against Zimbabwe due to abdominal injury – World News Network
Next Article UP: Schools shut in Varanasi on August 5-6 amid flood-like situation – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -

Latest News

India can be key manufacturing hub for Japanese companies amid global tariff barriers: Sumitomo Mitsui Banking Corporation’s Rajeev Khanna – World News Network
Business 22 hours ago
President Murmu honours former UBI CEO Manimekhalai with SCOPE Eminence Award for outstanding women leadership – World News Network
Business 22 hours ago
Despite US tariffs and geopolitical uncertainty, growth forecast retained at 6.3-6.8% for FY26: CEA Nageswaran – World News Network
Business 22 hours ago
Bank deposits with SCBs register 11.3% year-on-year growth as of June-end – World News Network
Business 22 hours ago

Sports

Irfan Pathan lays out challenges for Rohit, Virat, Shami ahead of 2027 Cricket WC – World News Network
Sports
UP CM Yogi pays tribute to ‘Hockey Magician’ Major Dhyan Chand on birth anniversary – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • National
  • Videos
  • Gujarati

Popular Category

  • Hindi
  • Lifestyle
  • Marathi
  • National
  • Science
  • Sports
  • Tech
  • World

Entertainment

Ganesh Chaturthi 2025: Varun Dhawan offers prayers at Lalbaugcha Raja, greets fans outside pandal – World News Network
Entertainment
“I was a horrible person to be around”: Orlando Bloom recalls his 52-pound weight loss journey, its impact on his mental health – World News Network
Entertainment
Copyright © 2023 World News Network. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?