THE NUM­BERS

Business Today - - BUSINESS -

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.

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