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‘Country for the rich’: Report shows India’s top 1% own 40% of wealth

‘Country for the rich’: Report shows India’s top 1% own 40% of wealth

  • Bottom half of country’s population share just 3% of national wealth
  • In 2022, number of Indian billionaires rose to 166 from 102 in 2020
By Sanjay Kumar ·
GCC wealth grows 9% to $7tr in 2021, UAE leads the pack

GCC wealth grows 9% to $7tr in 2021, UAE leads the pack

By Farida Elgazzar ·
Top billionaires lost $1.4tr in 2022 amid inflation anxiety

Top billionaires lost $1.4tr in 2022 amid inflation anxiety

By Arab News ·
UK case against woman who spent £16mn at Harrods upheld

UK case against woman who spent £16mn at Harrods upheld

By AFP ·
Billionaires’ wealth falls for the first time in a decade

Billionaires’ wealth falls for the first time in a decade

By Reuters ·
India becomes investment darling for sovereign wealth and pension funds

India becomes investment darling for sovereign wealth and pension funds

By Reuters ·
China leads the way as world’s billionaires get even richer

China leads the way as world’s billionaires get even richer

By AFP ·
Deadly fire exposes wealthy man’s secret underground tunnels

Deadly fire exposes wealthy man’s secret underground tunnels

By AP ·
Bad news for the toiling masses: Rich to get still richer as world inequality grows, report says

Bad news for the toiling masses: Rich to get still richer as world inequality grows, report says

By AP ·
Property magnate seizes top spot on China rich list

Property magnate seizes top spot on China rich list

By Reuters ·
World’s millionaires getting richer with wealth at record $63.5 trillion in 2016

World’s millionaires getting richer with wealth at record $63.5 trillion in 2016

By Reuters ·
Wealth, poverty propping up Pakistan’s illegal kidney trade

Wealth, poverty propping up Pakistan’s illegal kidney trade

By AFP ·
1% wealth tax ‘would fix Gulf budget shortfalls, avert social unrest’

1% wealth tax ‘would fix Gulf budget shortfalls, avert social unrest’

By BEN FLANAGAN | ARAB NEWS STAFF ·

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Combating malnutrition should be a priority for the Middle East
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Arab world needs to get to grips with its water problem
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