nice info sir. thanks.
On 10/15/14, ramji tripati ramji.f...@gmail.com wrote:
I want share some general data and what interest all of us; particular to
India.
For the purpose of the report, they have taken into account only adult
population.
We continue to be a very poor country. So being rich is all the more
significant in our country.
For dollar to rupee conversion, the rate assumed is 1 USD = Rs.60.
A country is considered rich, if the average wealth per person is over
$100,000 (Rs.60 lakhs).
The richest country in the world is Switzerland with average wealth
per person of $581,000 (Rs.3.49 crores).
The top ten richest countries in the world are Belgium, Denmark,
Norway, Singapore, Sweden, Switzerland, Australia, France, UK and USA.
India's average wealth per person is $4645 (Rs.2.79 lakhs) and the
median wealth is $1006 (Rs.60 thousand).
An average Swiss citizen is 125 times better off than an average Indian
citizen.
Median wealth of 60K implies half of our population is not even worth
Rs.60,000. In fact
95% of the population in India has a wealth below $10,000 (Rs.6 lakhs).
Inequality is a way of life. This is not only true for India but holds
good for other countries as well.
Globally, the top 1% of the population owns close to 50% of the wealth.
Top 10% owns 87% of all wealth.
The bottom 50% of the populations barely owns 1% of global wealth.
21% of the global population is classified as middle class- with a
wealth of above $10,000 (Rs.6 lakhs) to $100,000 (Rs.60 lakhs).
There are 128,200 individuals in the world who are worth more than $50
million (Rs.300 crores).
There are 45,200 individuals in the world who are worth more than $100
million (Rs.600 crores).
The total wealth of the world is $263 trillion. India's total wealth
is $3.6 trillion. We are 18% of the world's population but have wealth
of only 1.36%.
2.38 lakh Indians are members of top 1% of global wealth holders.
3.8 million Indians are members of top 10% global wealth holders.
1.82 lakh Indians are worth $ 1 million (Rs.6 crore) or more.
2.3 million (or) 0.3% adult Indians are worth $100,000 (Rs.60 lakhs) or
more.
So only top 0.3% of the India's population can be classified as rich
according to the global yard stick of wealth = $100,000
Property and other real assets like gold contribute 86% of Indians wealth.
--
With thanks and regards
(Ramji Tripathi)
Personal Assistant,
BANARASA HINDU UNIVERSITY,
Varanasi: 221005
Mob: 9453365780,
7524936161,
9454256751
Facebook ID: ramji.tripathi.503
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