Few Stats to Consider

Earlier this year, Forbes magazine released the list of the Worlds Richest People. It is no surprise that America has the largest number of Billionaires, 396 to be exact. But the surprise was India, which almost doubled the number of Billionaires, to about 47 people.

Now consider a few facts about these 47 richest Indians combined.

1. The combined net worth of these 47 richest Indians accounted for 14.7% of India's GDP. Only Switzerland and Russia beat us in the list of countries with more then 10 billionaires
2. When you consider that India has more then a billion people, we have one Billionaire for every 25 million people living in the country.
3. The GDP per capita in India is $1091. Compare this to the average net worth of these richest Indians, about $4 Billion.
4. Add the fact that 42% of the Indian population falls below the International Poverty Level of $1.25 per day and you get a sense of how one dimensional the growth in the Indian economy is.





Data Source: Forbes List of Billionaires
Population and GDP: Wikipedia