Revealed: The number of billionaires in India

 India is ranked sixth among the top ten countries with the most billionaires, according to a latest report by Wealth-X and UBS.

Asia's third-largest economy beats Hong Kong, France, Saudi Arabia and Switzerland to take the sixth position, the ‘Billionaire Census 2013’ study has revealed.

The country has 103 billionaires, narrowly behind Russia with an aggregate of $180 billion total net worth. In terms of total net worth, India took the ninth position.

In India, only 3 percent of Indian billionaires are female, the joint lowest representation of any focus country featured in the report. The most significant industries for Indian billionaires are Industrial conglomerates, pharmaceuticals and real estate.

Mumbai is considered to be the fifth business city of choice for the ultra wealthy worldwide. According to the report, Asia takes eight out of the top 20 spots for billionaire cities, the most for any regions in the world. This is defined by where their primary businesses are headquartered.

The total number of billionaires is 60 percent higher than in 2009. The combined net worth of billionaires more than doubled from $3.1 trillion in 2009 to $6.5 trillion in 2013.

Source - Yahoo