Indians account for 22% of Britain’s ultra-rich club

[westtowel]

India as a country has more people in ABSOLUTE poverty than Africa. Indians in here gloating should put things into perspective. First feed your dying children before bragging about your handful of wealthy. India is one of the most poorest 3rd world countries on this planet. There are thousands of Indian children dying every single day due to hunger.

The poverty in Rural china is more than Rural India.If you are a True chinese you will know it.

 

[anarchy 99]

My quota of feeding for the day is over by the by how many Chinese did you liberate from the clutches of the evil communist?

Maybe the thuggish Indian regime should concentrate on feeding your children instead of trying to catch us.

You guys celebrate our hunger and poverty. But when you hear Indians getting richer anywhere, you backside starts burning

Kid, we have more millionaires, billionaires and more total household wealth than India. There is absolutely nothing 3rd world India has that we want. And no, we don't want your thuggish regime that cares more about importing weapons than feeding your children. Religious nutjobs.

 

[ST1976]

Super-rich Indians account for more than 20% of the wealth of ultra-high net worth (UHNW) individuals in Britain, a new list showed on Tuesday. As a national group, they are second only to expat Russians.

The list, published by the Singapore-based Wealth-X group, places steel magnate and ArcelorMittal chairman Lakshmi Mittal at second place with a fortune of $15.8 billion. Mittal was pushed to the second spot this year by Russian Alisher Burkhanovich Usmanov, who is part owner of the English football club Arsenal and is worth $16.4 billion.
Mittal has seen his net worth estimate decline along with the stock price of ArcelorMittal, losing at least $30 billion in recent years, the report said.

The two other Indians on the top 15 list are the Hinduja brothers Srichand at number 9 with a net worth of $7.6 billion and Gopichand at 12th with $6 billion.

Taken together, the wealth of the three Indian-origin industrialists makes up 22% of the top 15 total of $133.3 billion.

Apart from Usmanov, the two other Russians in the list include Roman Abramovich (at number 3, $12.1 billion) and Leonard Blavatnik (Number 5, $9.5 billion).

According to Wealth-X estimates, there are 10,760 individuals residents in Britain worth $30 million or more, with at least 310 new individuals joining the ranks of the ultra wealthy. On an average, Britain has added one UHNW individual every day since 2011. The combined wealth of the UHNW in Britain stands at an estimated $1.3 trillion.

The wealth composition of the United Kingdom, London in particular, is diverse, said David Lincoln, Director of Research at Wealth-X. This is reflected in our data showing that 31% of the UHNW population in the United Kingdom is considered non-domiciled, with non-resident Indians and West AsianUHNWIs making up a significant proportion of these.

Indians account for 22% of Britain

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