India’s Ultra-Rich Are Going Global: Equity, Crypto, And Luxury Real Estate In Focus | Savings and Investments News

Last Updated:July 20, 2025, 12:45 IST

India is experiencing a wealth shift with a 58.4% rise in Ultra-High-Net-Worth Individuals by 2028, driven by tech, unicorns, and IPOs.

From Equities to Crypto: India’s UHNWIs Diversify Like Never Before

India is undergoing a powerful shift in wealth creation, driven by a rising tribe of Ultra-High-Net-Worth Individuals (UHNWIs)—those with over $30 million in net worth. According to Knight Frank’s 2024 Wealth Report, India is set to witness a 58.4% rise in UHNWIs by 2028—the fastest among major economies.

“We are witnessing a generational shift,” said Ratna Sharma, Executive Director – Private Client Business, India. “Today’s investors want global access, institutional-grade governance, and impact-aligned investments.” She noted that India’s next wave of wealth creators, shaped by global exposure, are moving beyond traditional allocations toward more nuanced, tech-enabled, and globally diversified strategies.

This new-age affluent class is growing rapidly. Venkat Moorty, President of PMS at Savart, pointed out that India now has around 13,600 UHNWIs, with a 6% year-on-year growth. “Over 15% of HNIs are under 30, and 20% are under 40,” he said, attributing this surge to India’s tech boom, unicorn rise, and 268 IPOs in 2024 alone. Moorty also highlighted the evolving asset mix—32% in equities, 15% in alternatives like AIFs and crypto, and a third in foreign assets—reflecting smarter, globally integrated wealth planning.

Ajay Kumar Yadav, Group CEO & CIO at Wise Finserv, called this shift “a quiet economic transformation,” powered by strong GDP growth, an expanding investor base, and a booming startup scene with over 110 unicorns. “This is more than just a wealth story—it’s about ambition, structural change, and rising global stature,” he added.

For founders, wealth strategy goes deeper. Moksha Bhat, Managing Partner at AP & Partners, stressed the need for careful liquidity planning, legal structuring, and family governance. “A well-structured exit allows founders to diversify wealth while safeguarding their legacy,” he said.

Varun Yadav

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More

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