India, April 3 -- A new study by the Centre for Financial Accountability (CFA) has found that the number of Indian billionaires has grown by 77 per cent between 2019 and 2025 and their wealth has grown 227 per cent.

"Between 2019 till 2025 individuals with 1000 crores and above in terms of headcount grew by 77%! In the same time period, their wealth grew by a staggering 227%! In 2019, their combined wealth was approximately Rs 31 lakh crore. By 2025, it remains around Rs 88 lakh crore," notes Wealth tracker India: Tax the top, Close the gap.

Moreover, the wealth of the five richest families in the country rose by 400 per cent in these six years, claimed the study.

"The combined wealth of Mukesh Ambani, Gautam Adani & family, Savitri Ji...