According to the Wealth-X and UBS Billionaire Census 2014, released today, India has retained its sixth position in terms of number of billionaires. With 100 billionaires in the country, collectively have USD 175 billion wealth and interestingly India has more billionaires than Switzerland, Hong Kong and France.

However, India's billionaire population has decreased by 3 percent to 100 from 103 and the total billionaire wealth has fallen by USD 5 billion. Nevertheless, the world's billionaires population grew during the year 2013-14. The global billionaires population is 2,325 and has 155 new entrants in 2014. Europe has largest population with 775 billionaires and the wealth is estimated around USD 2.37 trillion.

Asia also showed significant improvement, contributing 30 per cent of the net increase in global billionaire wealth. Asia's billionaire population grew by 10 per cent in 2014, with 52 new entrants into the billionaire club out of which 33 are from China.

(AW: Vamshi)