Answer: Capgemini Research Institute (CRI)
Notes: The World Wealth Report 2025, released by Capgemini Research Institute, shows India had 378,810 millionaires in 2024 with total wealth of $1.5 trillion. India’s high-net-worth individual (HNWI) wealth rose by 8.8 percent, with strong gains in the “millionaires next door” segment. India had 333,340 millionaires next door and 4,290 ultra-high-net-worth individuals (UHNWIs) in 2024. The report covers 71 countries and highlights U.S. leadership in wealth growth, while India and Japan led in Asia-Pacific.
