Here is a snapshot on the top 10% of richest Indians. It shows where they live and what they consume.
This is based on the book “How India Earns, Spends and Saves” which is quite an interesting eye opener on how we go about our daily lives.
Maharashtra seems to be the city where most of the rich folks reside and Delhi has the least number of them, which is a bit surprising.
Another eye opener is what they spend on – check out the various categories.
Let me know via comments whether yo have any thoughts on this.
Rakesh says
@Radhey,
Good analysis, Maharashtra has 15% and Delhi just 5%, is it true, I think it should be the other way around. Gurgaon, Noida have a lot of rich guys.
Vivek K says
@Rakesh, But the money made in financial capital of India i.e. Mumbai, is much more than any other city.
Vivek K says
@Rakesh, Moreover, Gurgaon comes in Haryana and Noida comes in UP. So, the income of these cities will be calculated in their respective states and won’t come under Delhi.
Rakesh says
@Vivek K,
Well, Maharashtra has a large geographical area but most of the politicians are based in the capital.
Vivek K says
@Rakesh, You think politicians real income would be known to anyone and it would be included in such stats?
Mumbai has headquarters of almost all the financial institutions and the money that flows in/out of that city is humungous.
TheWealthWisher says
@Rakesh, Probably that is why this analysis is an eye opener !
Vivek K says
Pretty interesting stats Radhey.
I am not surprised to see the list of richest states in India but what’s baffling me is how less people need to spend on the basic necessities of life like food, clothing, health and education and still there is a race and greed to earn more and more money.
Look at the amount spent on electric goods, jewellery and telephone, amazing!
TheWealthWisher says
@Vivek K, That is what the report also says that foe these top 10% richest people, after a certain point of time, basic necessities do not matter and they spend on discretionary expenses only.
The report goes onto say that for them “money does not anymore buy happiness” as happiness is bought by the basic amenities which these folks already have.
Vivek K says
@TheWealthWisher, Would it be possible for you to add these facts as well to this article? There could be many more interesting analysis done out of this picture.
TheWealthWisher says
@Vivek K,
Also read –
https://www.thewealthwisher.com/2010/10/04/how-india-earns-saves-and-spends/
Chirag says
Interesting Analysis !!!!
Chirag @ squamble says
Nice infographic.
Which tool did you use to make this?
TheWealthWisher says
@Chirag @ squamble, Creately [creately.com] is the tool. There are tons of them out there. Have you tried any ?
Chirag @ squamble says
@TheWealthWisher, Thanks 🙂 I have never tried any tool. I use MS Power Point for all the infographics I make..
TheWealthWisher says
@Chirag @ squamble, My take is that if you invest time in it, why not use the best and easy to use tools. MS Powerpoint will surely limit you. MS Visio is great but I find Creately very easy.
It’s addictive 🙂
Chirag @ Squamble says
@TheWealthWisher, I will surely give it a try..