Mumbai home to most of India’s centi-millionaire population, 3rd highest in the world
Image Credit: FPJ
India has the third-largest number of centi-millionaires, or individuals with a wealth of more than $100 million. About 243 of India’s individuals worth more than $100 million live in Mumbai, where almost half of its 12 million residents live in slums. The top 1 per cent of India has control over one fifth of India’s wealth, and this inequality has also been flagged by the Rashtriya Swayamsevak Sangh.