Super Rich In Hyderabad, 2nd Highest!

The pandemic has dealt a blow to the economy across the world but the number of uber rich has increased during the same period.

Hyderabad clinched second position in the list of cities housing most ultra high networth individuals only after Mumbai in the country, according to ‘The Wealth Report 2022’ prepared by Knight Frank.

Being India’s pharma and biotech capital apart from emerging as the IT Hub, Hyderabad was found to be home for 467 UHNWIs in the country while Mumbai tops the list with 1,596 UHNWIs.

The survey by Knight Frank identified individuals with a net worth of $30 million and above as UHNWIs.

Surprisingly, Hyderabad has surpassed key cities like Pune which stood third with 360 UHNWIs and Bengaluru with 352 followed by Kolkata (257), Delhi (210), Chennai (160) and Ahmedabad (121).