India's billionaire population projected to reach 313 by 2031 as UK wealth attraction falters

Knight Frank notes India’s billionaire count rose 58% over the past five years to 207 in 2026, placing the country third globally behind the United States (914) and China (485).

In the United Kingdom, the report says the country is failing to attract wealthy individuals after changes to non-domiciled status, with the number of billionaires projected to reach nearly 4,000 by 2031.