{"id":10453,"date":"2026-06-21T18:13:56","date_gmt":"2026-06-21T10:13:56","guid":{"rendered":"http:\/\/longzhuplatform.com\/?p=10453"},"modified":"2026-06-21T18:13:56","modified_gmt":"2026-06-21T10:13:56","slug":"16000-today-26000-by-2030-indias-wealthy-club-is-getting-bigger","status":"publish","type":"post","link":"http:\/\/longzhuplatform.com\/?p=10453","title":{"rendered":"16,000 today, 26,000 by 2030: India\u2019s wealthy club is getting bigger"},"content":{"rendered":"<p><\/p> <div> <p>India now has over 300 family offices managing more than $30 billion in assets, reflecting the rapid growth of the country&#8217;s ultra-wealthy population and the increasing sophistication of wealth management, according to\u00a0<i>The Indian Family Offices Report &#8217;26<\/i>\u00a0released by\u00a0<i>The Economic Times<\/i>\u00a0and 1Lattice.<\/p> <p>The report said India trails only the United States and China in adding new ultra-high-net-worth individuals (UHNWIs), underlining the country&#8217;s expanding wealth ecosystem.<\/p> <p>The number of high-net-worth families with wealth exceeding $30 million is projected to rise from 16,000 in 2025 to around 26,000 by 2030. At the same time, India is expected to witness an intergenerational wealth transfer of $1.3-1.5 trillion over the next decade.<\/p> <p><strong>Don&#8217;t Miss:<\/strong>\u00a0Explained: Why Rajasthan is getting more rain than Maharashtra this June<\/p> <p>Family offices play a key role in managing wealth and risk, creating investment strategies aligned with a family&#8217;s long-term vision, overseeing private affairs, and facilitating active wealth creation, including cross-border investments.<\/p> <p>Speaking at a panel discussion during the report&#8217;s launch in Mumbai on Tuesday, Ashvini Chopra, Head of Family Office at Avendus, said managing wealth today extends far beyond investments.<\/p> <p>&#8220;Governance, custodianship, tax planning, residency planning and shareholding structuring all become a part and parcel of managing wealth,&#8221; Chopra said.<\/p> <p>The report also highlighted the growing influence of younger family members in investment decisions.\u00a0More than 50% of Indian family offices now involve millennial or Gen Z family members in the investment process, while nearly 30% of next-generation investors prefer allocating capital to startups, particularly in health tech, fintech and AI.<\/p> <p>The shift is also changing the role of wealthy business families. Increasingly, the next generation is focusing on managing and deploying capital rather than running operating businesses.<\/p> <p>&#8220;Some of the large family offices have monetised some of the operating business, and those businesses are now being professionally managed,&#8221; said Rinkoo Somani, Group Chief Financial Officer at Dani Family Office. These families, she said, are more focused on deploying the capital.<\/p> <p>\u00a0<\/p> <\/div> <p>India wealthy families, ultra-high-net-worth individuals India, Indian family offices, wealth management India, intergenerational wealth transfer India, Indian family wealth report, Indian ultra-rich growth, family office investment India#today #Indias #wealthy #club #bigger1782036836<\/p> ","protected":false},"excerpt":{"rendered":"<p>India now has over 300 family offices managing more than $30 billion in assets, reflecting the rapid growth of the country&#8217;s ultra-wealthy population and the increasing sophistication of wealth management, according to\u00a0The Indian Family Offices Report &#8217;26\u00a0released by\u00a0The Economic Times\u00a0and 1Lattice. The report said India trails only the United States and China in adding new [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[11996,1934,41640,41634,41636,41638,41639,444,41637,266,41635,26201,14562],"class_list":["post-10453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-content-marketing","tag-bigger","tag-club","tag-family-office-investment-india","tag-india-wealthy-families","tag-indian-family-offices","tag-indian-family-wealth-report","tag-indian-ultra-rich-growth","tag-indias","tag-intergenerational-wealth-transfer-india","tag-today","tag-ultra-high-net-worth-individuals-india","tag-wealth-management-india","tag-wealthy"],"acf":[],"_links":{"self":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts\/10453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10453"}],"version-history":[{"count":0,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts\/10453\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/media\/10454"}],"wp:attachment":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10453"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}