India’s rich prefer real estate and gold over stocks and bonds

Ultra high net-worth people typically have a significant percentage of their wealth invested in non-financial assets. First-generation entrepreneurs usually consider their own business not only as an engine for wealth generation, but also as the most lucrative avenue and first port for investment. Then comes real estate, the traditional haven of high-value investments in India. Adding jewellery to the mix, one is typically left with not more than one-third of the family’s wealth for investment in financial assets.

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