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UBS: Wealth Shrinks For The First Time Since 2008

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Globally, private wealth fell in 2022, according to a report jointly launched by UBS and Credit Suisse. This is the first time this has occurred since 2008. Total net private wealth fell 2.4 percent to $454.4 trillion in 2022, according to the «Global Wealth Report» jointly launched by UBS and…

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