Current Affairs - International - Discussion

The UBS Billionaire Ambitions Report 2024 highlights India's rise to 185 billionaires, marking a 20% increase from 153 in 2023. This positions India third globally in billionaire count, following the US and China. The growth reflects India's thriving family-owned businesses and emerging sectors such as pharmaceuticals, edtech, and fintech. Over the past decade, billionaire wealth in India has surged by 263%, underlining the nation's economic dynamism.