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Asia

India may see family wealth worth $1.5 trillion change hands in 10 years

Markets-Economic Times · 6h ago · 🇮🇳 India

India may see family wealth worth $1.5 trillion change hands in 10 years

India anticipates a significant intergenerational wealth transfer exceeding one trillion dollars. Family wealth is becoming more institutionalized with formal governance structures. This trend will expand the alternatives market significantly in the coming decade. India's billionaire and ultra-high-net-worth individual numbers are projected to increase. Exits and liquidity events are driving demand for wealth management services.

Read the full story at Markets-Economic Times →

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