How does slowing growth, tariff disputes and emerging market volatility effect billionaires?

Discussion in 'Wall St. News' started by dealmaker, Nov 8, 2019.

  1. dealmaker

    dealmaker

  2. dealmaker

    dealmaker

    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
     
  3. Nobert

    Nobert

    If one looks at the number of billionaires, in the right bottom corner, you can see the change over decades. Just cycles.