are staggering. The uber rich and famous in India may be sitting pretty with a combined investible wealth of some ` 10 lakh crore. Managing the dollops of cash of this class is a task. Indeed, delivering stellar returns that beat the luxury inflation rate (usually higher if not double the Consumer Price Index) is becoming a specialised affair. Every rupee invested creates a big impact for investment decisions are often accompanied with the endorsement of business veterans.
It cannot be ignored that these Ultra High Networth Individuals (UHNWI), each with investible funds of anywhere between ` 200 crore to ` 300 crore, depending upon how you measure it, are a growing tribe and already quite sizeable.