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Is there any special quality of becoming rich? Now only the richest people of the country can give you the correct answer to this question. All we can do is tell you where rich people invest their money, which makes them richer. This is not gold-silver or diamonds-jewels at all. ‘Knight Frank’ has released a special report in this regard. Let us know what this report says about the habits of the rich…
According to the 2023 ‘Wealth Report’ of property consultant Knight Frank, the country’s richest people i.e. ‘Ultra High Net Worth Individuals’ (UHNWI) invest about 50 percent of their wealth in housing and equity. The category of ultra high net worth individuals includes people whose wealth is one billion rupees or more.
There are many real estate owners
According to the report, people included in this category own more than one real estate property. These people invest 32 percent of their wealth in buying houses, and on average own 3.7 houses. Not only this, such people also invest in commercial property. These investments involve direct ownership in office space or industrial real estate. Some people invest up to 14 percent of their wealth in commercial property.
Good investment in shares and bonds also
The matter does not end just with investment in property. Ultra high net worth individuals invest about 14 percent of their wealth in the stock market, especially in equities. While some people have invested 12 percent of their wealth in bonds, 6 percent have been invested in buying stakes in a company directly or as venture capitalists.
Rich people also invest in gold, arts and bitcoin etc. But this is a very small part of their total investment. His investment in gold is only 2 percent and in arts etc. only 3 percent.