sixth in the list of wealthiest countries
has been ranked sixth in the list of wealthiest countries with total
wealth of 8,230 billion US dollars, while the United States topped the
chart. According to a report by New World Wealth, India was the best
performing wealth market globally in 2017 as its total wealth swelled
from 6,584 billion dollars in 2016 to 8,230 billion dollars in 2017,
registering a 25 per cent growth.
The report noted that the United States is the wealthiest country in the
world as the total wealth held in 2017 amounted to 64,584 billion
dollars, followed by China at the second place with 24,803 billion
dollars and Japan with 19,522 billion dollars at third. Total
wealth, refers to the private wealth held by all the individuals living
in each country. It includes all their assets. The report, however,
excludes government funds from its figures.