(Opalesque) Billionaire wealth reached record high levels amid the COVID19 pandemic, a report by Swiss bank UBS and accounting firm PwC found, as a rally in stock prices and gains in technology and healthcare helped the wealth of the world’s richest break the $10 trillion mark. The “Riding the storm” study found that global billionaire wealth climbed to $10.2 trillion between April and July this year, up from $8 trillion at the start of April.
Billionaire wealth reaches a new high of $10.2tn amid COVID-19 crisis
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