How many Indians have 1 crore

Estimating how many Indians possess 1 crore (10 million rupees) or more in net worth is difficult due to limited wealth data, significant informal economy, and varying definitions of net worth. However, various surveys and reports suggest perhaps 1-2% of Indian households—potentially 3-7 million households out of India's 300+ million total households—have net worth exceeding 1 crore.

This would include value of property, investments, businesses, savings, and other assets minus liabilities. The number is concentrated in urban areas, particularly metros like Mumbai, Delhi, Bangalore, and Hyderabad where real estate appreciation alone has pushed many property-owning families above the 1 crore threshold even without exceptional income. However, possessing 1 crore in net worth (often largely illiquid, tied up in primary residence) differs significantly from having 1 crore in liquid investable assets or earning 1 crore annually—the latter categories are far more exclusive, likely representing well under 1% of the population. India's wealth distribution is highly unequal, with substantial wealth concentration among a small elite while most households have net worth well below 1 crore.