How does slowing growth, tariff disputes and emerging market volatility effect billionaires?
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Billionaires' Wealth
Geopolitical turmoil and volatile equity markets led the world's richest people to become a little less rich last year, for the first time in a decade. A UBS/PwC report found that the world's 2,150-ish billionaires' wealth fell by $388 billion, leaving them with $8.539 trillion (or roughly 2.37% of the world's total wealth.) Reuters
Geopolitical turmoil and volatile equity markets led the world's richest people to become a little less rich last year, for the first time in a decade. A UBS/PwC report found that the world's 2,150-ish billionaires' wealth fell by $388 billion, leaving them with $8.539 trillion (or roughly 2.37% of the world's total wealth.) Reuters
