India, Australia in Top 10 Wealthiest Countries

According to a 'New World Wealth' report, in terms of total "individual wealth held", India is ranked 7th richest in the world while Australia is ranked 9th. US is on the top spot. We spoke to eminent Economist and Professor at ANU's Crawford School of Public Policy Prof Raghbendra Jha to know more.

Wealth List Source: Getty Images

According to the report individual wealth held "refers to the private wealth held by all the individuals in each country where wealth refers to the net assets of a person. Net assets includes all their assets including property, cash, equities, business interests less any liabilities".  Government funds have been excluded from these figures.

To know more about this report click below

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