How the rich get richer

Money certainly makes money, and the more one has, the more one can make, as India's ultra HNIs - defined as those with a minimum net worth of Rs 25 crore - do. Their primary business may get them the bread and the butter but it's their investments that fetch them the caviar.The boom in the stock markets has certainly increased the risk appetite of the super rich Indians, who earned twice more from their investments in shares last year, than the year before, while real estate seems to be losing favour.

The salaried ultra HNI still trusts the real estate, deriving nearly a quarter of his monthly earnings from rental or sale of property.

Real estate investments have seen a decline from ultra HNIs, primarily due to the impact of demonetisation in FY17 - from almost a third in FY17, they are now just about a quarter in the current fiscal's first half.

When you have Rs 25 crore to invest, risk taking becomes part of your investment strategy, with nearly half of India's 160,600 super rich putting their money in the stock markets.

The salaried ultra-rich appear to have more risk appetite than the entrepreneurs and the inheritors - with more than half of the ultra-rich professionals trying to cash in on the stock market bull run.