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The study showed that if each of the 10 richest Indian billionaires were to spend USD one million daily, it would take them 84 years to exhaust their current wealth.
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Indian billionaires saw their combined fortunes more than double during the pandemic, and their count shot up by 39% to 142, while the wealth of the ten richest is enough to fund school and higher education of children for 25 years, a new study said.
The report said that a wealth tax on the 98 richest billionaire families would finance Ayushman Bharat, the world's largest health insurance scheme, for more than seven years.