Wealth-X UHNWI profile – Mumbai
According to the Luxury Real Estate Report 2015 published by Sotheby’s and Wealth-X, the average UHNWI property owner in Mumbai is 56. Some 14% made their money through industrial conglomerates. Slightly fewer than half – 46% - are self-made. They have median net worth of US$55mn. Attractions include Mumbai’s status as the most developed city (and business centre) of India and large high-end shopping malls. UHNWIs with property in the city are predominantly domestic or NRIs.
Source : 31 May 2015/ Sotheby’s Wealth-X/ Mumbai/ RES