Stories
Chinese Millionaires Outnumber Wealthy Americans
According to a survey by Credit Suisse, there are more number of wealthy Chinese individuals than American ones for the first time. The research study also reported almost 100 million wealthy Chinese are ranked in the global top 10 percent, as compared to 99 million rich Americans.
The findings of the Swiss Bank’s annual wealth survey said despite the trade tension between the United States of America and China over the past 1 year, both the Countries managed to fare well in wealth creation. Both the United States and China contributed $ 3.8 trillion and $ 1.9 trillion respectively.
The ranks of millionaires in the world also boomed as they rose by 1.1 million to approximately 46.8 million. All the millionaires of the world collectively own $ 158.3 trillion in net assets, which is 44 percent of the global total.
The United States alone contributed to half the increase by adding 675,000 new millionaires to the list. However, Australia saw a decline in its average wealth, largely due to exchange rates. This resulted in 124,000 losing their millionaire title. Similarly, 27,000 people in Britain and 24,000 in Turkey also lost their millionaire status.
The report also estimated out of all the millionaires in the list, 55,920 are worth at least $ 100 million and 4,830 have net assets worth more than $ 500 million. The report also predicted global wealth would rise by 27 % to $ 459 trillion in the next five years. Meanwhile, the number of millionaires is expected to grow to 63 million by 2024.
A decade ago, the success of a startup was measured largely by its ability to raise capital. Today, a different metric is gaining importance: the ability to generate meaningful exits for investors. Large stake sales by early backers are becoming increasingly common, not because growth opportunities have disappeared, but because India’s startup ecosystem is entering a more mature phase where capital is expected to complete its full cycle from investment to returns.
This evolution is particularly significant for consumer brands that have successfully blended technology, retail, and strong brand-building. Companies that were once viewed as high-risk startup bets are now attracting institutional investors capable of absorbing large transactions. Such developments indicate that these businesses are no longer being valued solely on future potential; they are increasingly being assessed on operational performance, market leadership, and long-term profitability. In many ways, investor exits are becoming a validation of a company’s ability to create lasting enterprise value.
The broader implication extends beyond a single company or investor. Successful exits encourage more global capital to enter India’s startup ecosystem because they demonstrate that liquidity opportunities exist at scale. As more venture-backed companies approach public listings, secondary transactions, or strategic investments, the focus of founders and investors alike may shift from chasing headline valuations to building durable businesses. The next chapter of India’s startup journey will likely be defined not just by the creation of unicorns, but by the creation of companies capable of delivering sustained returns to all stakeholders.
Apple has unveiled the new MacBook Air with M5 chip, starting at $999 for 13-inch and $1,299 for 15-inch models. The MacBook Air M5 boasts a 2nm M5 chip with 12-core CPU, 18-core GPU, and 50 TOPS Neural Engine for seamless AI tasks like real-time translation and 8K editing. Up to 22 hours of battery life, Thunderbolt 5, and Wi-Fi 7 make it the ultimate ultraportable, now 10% thinner at 0.44 inches with fanless cooling.
Key MacBook Air M5 features include Liquid Retina XDR display (500 nits, nano-texture option), 12MP Center Stage camera, and six-speaker Spatial Audio. Colors like new Sky Blue join Midnight and Starlight. Pre-orders are live today, with macOS Sequoia 15.4 enhancing Apple Intelligence and iPhone Continuity for students, pros, and remote workers.
Why buy MacBook Air M5 now? It outpaces Snapdragon X Elite rivals with ecosystem magic and future-proof performance, eyeing top 2026 laptop sales. CEO Tim Cook calls it “more capable than ever.” Visit apple.com for M5 MacBook deals and specs.
Delhi NCR-based gaming startup Zupee has acquired Mumbai-based microdrama platform Vertical TV in a deal valued under INR 40 Cr. This move strengthens Zupee Studio, its short-video arm launched in September 2025, by integrating Vertical TV’s expertise in bite-sized dramas like romance and thrillers.
Facing challenges from India’s 2025 real-money gaming ban, Zupee valued at $1 Bn after raising $120 Mn has pivoted to non-gaming content, including recent layoffs of 40% of its workforce. The acquisition builds on its November 2025 purchase of Australian AI firm Nucanon for interactive storytelling, targeting its 200 Mn+ users with engaging, mobile-first formats.
This deal underscores the rising microdrama trend in India, helping Zupee diversify amid regulatory pressures and compete in the short-video space dominated by quick, shareable content for on-the-go audiences.
What Investor Exits Reveal About the New Age of Indian Startups
Healthy Snacking Is Emerging as India’s Next Consumer Growth Story
