India is on 7th position in the list of World’s top ten wealthiest nation with a total individual wealth of $5,600 billion. The Country to top the list is the USA with a wealth of $48,900 billion. The countries following the US in the list are China and Japan which came in at 2nd and 3rd position respectively.
According to a report by New World Wealth, India has ranked 7th ahead of Canada ($4,700 billion), Australia ($4,500 billion) and Italy ($4,400 billion), which came in at 8th, 9th, and 10th slots, respectively.
On India, the report stated, “Australia and India also grew strongly and India, Australia, and Canada have just overtaken Italy over the past 12 months.”
The study ranked the wealthiest countries in the world as of June 2016 in terms of total individual wealth held.
Courtesy: Zeebiz.com. Read full here.