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Hong Kong’s ultra-rich population shrinks by 23% while New York, Singapore close in on top spot for ultra-wealthy

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Asia’s population of ultra-wealthy people shrank by about 11 per cent in 2022 – the biggest decline among regions worldwide – as individuals with a net worth of more than US$30 million saw their riches diminished by China’s strict Covid-19 curbs, sluggish economies, geopolitical issues and an equities slump amid…

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Click here to read the full story: South China Morning Post

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