India has climbed to sixth worldwide for ultra-high net worth individuals, reaching 19,877 in 2026, with projections placing the number at 25,217 by 2031. The Knight Frank report also flags a 58% surge in India’s billionaire count to 207, putting it third globally. While Mumbai leads, wealth share is spreading to Delhi, Chennai and Hyderabad.
What began as a likely win for Ranjan Pai in the battle over Byju’s assets has escalated into a high-stakes billionaire showdown. Ronnie Screwvala’s sudden entry turns a perceived walkover into a contested fight, with both investors bringing significant education-linked interests. The outcome could reshape control of assets tied to the collapsed ed-tech giant.
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