Total wealth in India increased fourfold between 2000 to 2019, reaching $12.6 trillion in 2019, making India the fifth globally in the terms of number of ultra-high net-worth individuals, as per a Credit Suisse study.According to the study, the wealth per adult in India grew by an average of 11% annually over the period 2000–2019 and the wealth per adult is estimated at $14,569 in mid-2019 after a year of moderate growth.“Prior to 2008, wealth rose strongly, from $2,127 in 2000 to $6,378 in 2007. After falling 29% in 2008, it rebounded and grew at an average rate of 12% up to 2019,” said the report while adding that personal wealth in India is dominated by property and other real assets, which make up the bulk of household assets.Financial assets grew at a lower 1.4 percent as against 6.9 percent increase in the non-financial assets, which reflects the volatile markets, the report notes, adding there are 8.27 lakh adults in the top 1 percent of global wealth-holders, who own 1.6 percent of the global wealth. Nearly 4,500 possess wealth of over USD 50 million, while 1,790 have over USD 100 million, the report says. India is ranked fifth among the countries with ultra high net-worth individuals, according to the report.