Creation of long-term sustainable wealth is easy and is within everyone’s grasp June 4, 2021, 12:19 AM IST Manish Goel, founder-director, Research & Ranking Despite the humongous challenges posed by the COVID-19 pandemic, India added several new billionaires and millionaires in the year 2020. According to the Hurun Global Rich List 2021, India ranked 3 rd highest in number of billionaires globally, with a combined wealth of $596 billion in 2020 and there were 412,000 dollar-millionaire households in the country with a net worth of not less than Rs. 7 crores. Many of those who made it to the billionaire and millionaire clubs are self-made and first-generation entrepreneurs. One of the biggest reasons the wealthy are getting wealthier is because they don’t invest in traditional investments. They invest in businesses, because that is the fastest way to multiply wealth. To create sustainable wealth, it is not necessary to start a new business. Anyone can just buy a portion of an existing business which is doing well by investing in its equity.