Number of millionaires increased in the country due to epidemic, Mercedes is the favorite car, the number of happy people decline, know full details

Number of millionaires increased in the country due to epidemic, Mercedes is the favorite car, the number of happy people decline, know full details

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new Delhi. During the Corona epidemic, a large number of people lost their jobs and faced financial crisis. On the other hand, there were many people whose wealth saw a huge increase. Hurun’s report said that in the year 2021 affected by the Kovid-19 epidemic, the number of individuals with ‘dollar millionaire’ i.e. personal wealth of more than seven crore rupees in India increased by 11 percent to 4.58 lakh.

However, during this period there has been a decline in the number of people who describe themselves as happy in personal and professional life. It has been said in the report that the number of people who describe themselves as happy has come down to 66 percent last year, which was 72 percent in 2020.

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Growing inequality between rich and poor
These findings of the Hurun report have come at a time when there is growing concern about the growing inequality between the rich and the poor in India. A recent Oxfam report also expressed concern over this disparity. Amid growing calls for higher taxes on the very wealthy, less than a third of those surveyed believe that paying more taxes is a defining component of social responsibility.

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Dollar Millionary will increase to 6 lakhs by 2026
According to the Hurun report, by the year 2026, the number of ‘dollar millionaires’ in India will increase by 30 percent to reach six lakhs. The report says that Mumbai has the highest $ 20,300 millionaire. After this, there are 17,400 millionaire families in Delhi and $10,500 in Kolkata.

America is the first choice for children’s education
More than two-thirds of dollar millionaires surveyed said they would prefer to send their children abroad for education, with the US being their first choice. The favorite car of a quarter dollar millionaire is Mercedes Benz and they change their cars every three years. Hotel Taj of Indian Hotels emerged as the most preferred brand, while Tanishq is the preferred jewelery brand.

Best Opportunities for Luxury Brands
Anas Rehman Junaid, Managing Director and Chief Researcher, Hurun India said that the next decade is a great opportunity for luxury brands and service providers to enter India. In the coming times, the number of dollar millionaires will increase further. However, the growing gap between the rich and the poor is a matter of concern.

Tags: Hurun Global Rich List, Mercedes Benz India, Rich

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