Super rich

Narendra Modi and tycoons Kumar Mangalam Birla and Mukesh Ambani. Photo: Prakash Singh/Bloomberg
Bloomberg Special

‘Billionaire Raj’ is pushing India toward autocracy

“The ‘Billionaire Raj’ headed by India’s modern bourgeoisie is now more unequal than the British Raj headed by the colonialist forces,” says a new study by the World Inequality Lab

PHOTO: NASTCO/ISTOCK BY GETTY IMAGES via IMF Blog
Wealth

Rural India adding super rich faster than urban, study shows

Luxury boats are seen during the Monaco Yacht Show, one of the most prestigious pleasure boat shows in the world, highlighting hundreds of yachts for the luxury yachting industry in port of Monaco, September 22, 2021. REUTERS/Eric Gaillard/File Photo
Global Economy

Pandemic boosts the super-rich

Marina Bay in Singapore, on Jan. 28, 2021. Photographer: Lauryn Ishak/Bloomberg
Analysis

The super rich are choosing Singapore as the world’s safest haven