India's Ranks of Ultra-Rich Swell as New Fortunes Emerge in Diverse Sectors and Regions

The ranks of the ultra-rich in India are swelling, with 216 more people added to the list of fortunes over $120M last year.

The main sources of new wealth are consumer goods, materials and healthcare rather than traditional areas like industry, finance and IT.

The demography and geography of Indian wealth is broadening, with rich people coming from more cities and more young entrepreneurs.

Most of the new money comes from the real economy rather than financial engineering.

The biggest rewards in India still go to builders and creators rather than money managers.