2 weeks ago
Indian consultant's wealth journey from ₹1 crore to ₹7.5 crore
A man from India works as a consultant, which means he helps companies solve problems.
He shared his money story on the internet.
When he was 22, he started working and earned a small salary.
He studied more and worked hard, so his pay went up over time.
When he was 34, he moved to the Middle East for a job that paid a lot of money and had no taxes.
Because he did not have to pay taxes, he could save money much faster.
In just two and a half years, he saved a huge amount of money.
Now he has houses in Mumbai, gold, and money in stocks.
Many people on the internet found his story interesting and motivating.
Some people asked questions about how he sends his money back to India.
A 37-year-old Indian management consultant shared on Reddit that his net worth grew from about ₹1 crore at 34 to ₹7.5 crore at 37 after moving to the Middle East.
He started his career at 22 as a graduate trainee earning ₹10 lakh per annum, then moved into management consulting and later an industry role.
At 34 he moved to the Middle East and returned to mainstream consulting with a tax-free package of ₹3.5 crore (USD 400K).
He claims to have saved close to ₹6.5 crore in the past two-and-a-half years and owns three fully paid properties in Mumbai, about 700 grams of gold, and ₹30 lakh in equity.
He currently earns 26k USD per month excluding annual bonus and transfers income to India through an NRE account.
- Who
- A 37-year-old Indian management consultant working as an NRI for a top management consulting firm in the Middle East.
- What
- He shared his wealth journey on Reddit, growing his net worth from about ₹1 crore at 34 to ₹7.5 crore at 37.
- Where
- Middle East, where he works; he owns three properties in Mumbai, India.
- When
- The post covers his career from age 22 to his current age of 37; the article was published recently.
- Why
- His move to tax-free mainstream consulting in the Middle East dramatically accelerated his wealth accumulation.
Key facts
- Age
- 37
- Net worth
- Approximately ₹7.5 crore
- Net worth at 34
- Around ₹1 crore
- Current monthly earnings
- 26k USD (excluding annual bonus)
- Middle East salary package
- ₹3.5 crore (USD 400K), tax-free
- Savings in past 2.5 years
- Close to ₹6.5 crore
- Assets
- Three fully paid Mumbai properties, ~700 grams of gold, ~₹30 lakh in equity
- Platform
- Reddit (r/Indian_flex)
Quotes
Reddit user (consultant)
An Indian management consultant sharing his wealth journey on Reddit
“It is simple. Thru an NRE account. There is no limit to inward remittance. Foreign account > NRE account > NRO account. Foreign to NRE can be done by bank wire transfer or apps like Careem.”
livemint.com
“I moved back to mainstream consulting in the Middle East at ₹3.5 crore (USD 400K), tax‑free.”
livemint.com
Sources
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