Billionaires’ wealth falls for the first time in a decade

Billionaires’ wealth falls for the first time in a decade

As per a report by UBS, the world’s richest people became a little less well off last year. Billionaires’ wealth fell by 4.3% globally to $8.5 trillion last year, with a sharp decline in Greater China, including Hong Kong. Despite the drop, China still produces a new billionaire every 2-2.5 days. Worldwide, the number of billionaires fell everywhere except in the US..

Timothy
Timothy
Gordon
Gordon 5 months

This is bad news for Bernie and Warren. Not as much wealth tax.

Crimson Jester
Crimson Jester 5 months

Not wealth, but net worth. very big difference.

Zachary Brooks
Zachary Brooks 5 months

So tax breaks for everyone and the rich lose money? Ironic that Warren and crew want to “tax the rich more” and those are the people losing money right now. Odd

Barry
Barry 5 months

read please. billionaires in America gained, not lost. losses were outside of the states

Petri Fide
Petri Fide 5 months

Looking forward to Bill Gates upcoming #walkaway video

Indo
Indo 5 months

Good to know that the seasons they are a changing

Jim Boi
Jim Boi 5 months

The US went up. USA! USA! USA!🇺🇸🇺🇸🇺🇸

Wholly
Wholly 5 months

Lost. Like it is in their sofa.

Jason
Jason 5 months

Good

Logan
Logan 5 months

But who gained it?

Top in Business
Get the App