Rising Dollar Millionares In India
Posted by on 29th, 2007
Dollar Millionare? whats that?!!!
‘Dollar millionaires’ are people with net wealth more than $1 million, excluding the value of primary residence and consumables.
India is now the world’s second-fastest producer of freshly minted dollar millionaires, marginally behind Singapore. According to the World Wealth Report there were over 100,000 dollar millionaires in India in 2006. At 100,015, the number was up 20.5 per cent over 2005 — the second fastest growth in the world behind Singapore’s 21.2.
Is this good signs or bad? I really dont know! India’s will soon be world’s biggest consumer Market. Whatever be the product you can find people to buy in India. Power of Money!!!!
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