Research
Billionaire wealth has declined by $300B, say UBS and PwC
The total wealth held by international billionaires was affected by external factors in 2015, decreasing to $5.1 trillion from $5.4 trillion, according to a new report by UBS and PwC. Factors such as asset transfer within families, the deflation of commodity pricing, such as petrol, and the appreciated value of…
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