India and China would be among top Asian countries which would be having large number of millionaires by 2015, says Swiss wealth manager Julius Baer.

According to Baer, China would remain on top and would boast of almost half of the millionaires present in all Asian countries, with total amount of 8.8 billion trillion. And, when India is to be considered then, it would be home to 403,000 millionaires by 2015.

The calculated value is like this: millionaire is counted on the base of a credit known as high net worth individuals (HNIs). This term would be used for people who possess one billion dollar or more than that and also their amount is expected to rise by 15.8 billion dollar by 2015, which means there would be rise by three times.

Indonesia would soon boast of having 99,000 HNI’s. The news has got smiles for investors, and according to industry experts, India and China are two major countries which are on the path of development. If the growth and the news remain true, then both the Asian countries would alone contribute 40% to world economy and would also be a major source for the development for period of 2011 and 2012.