Comment & Analysis
1,000 Billionaires Begin $5,200,000,000,000 Transfer Of Wealth – And The ‘Heirs To Billionaires’ Have Their Own Ambitions: Report
An astonishing and historic transfer of wealth among the world’s super rich is accelerating, according to a new report. More than 1,000 billionaires are moving an estimated $5.2 trillion to their brethren at an increasing pace, says Swiss banking giant UBS in its latest “Billionaire Ambitions” report. The transfer, which…
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