The world’s population of high net worth individuals (HNWIs) grew 17.1% to 10.0 million in 2009, returning to levels last seen in 2007 despite the contraction in world gross domestic product (GDP). (more…)

Forbes India recently unveiled its India Rich List in Bangalore with a panel discussion on the topic ‘Purpose of Wealth’. The panel comprised an interesting mix with spiritual guru Sri Sri Ravi Shankar and GV Krishna Reddy, Chairman of GVK Industries, sharing the dais and Subroto Bagchi, Co-founder of Mindtree Consulting as the moderator. (more…)

The rich in India are richer, but what’s the purpose of having all that wealth? Forbes India brought together G.V. Krishna Reddy, an extremely wealthy man of the practical world, and spiritual guru Sri Sri Ravi Shankar to find an answer to that elemental question (more…)