How do the rich grow their wealth? Survey reveals strategies used by HNIs

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How do the rich grow their wealth? Survey reveals strategies used by HNIs - Business Standard

Quick Summary:

Over 40 per cent of wealthy women are between the ages of 51 and 60, with many favouring lower-risk, stable investment products.

While 82 per cent of wealthy individuals are either engaged in philanthropy or plan to in the next two years, UHNIs, especially those above 60, are more inclined towards charitable activities.

The report, based on a survey of over 1,000 wealthy individuals across India, indicates that HNIs and UHNIs largely maintained a positive outlook on their portfolios, despite volatile markets.