Billionaire wealth rises to more than $10 trillion for first time ever amid pandemic
Billionaire wealth increased to $10.2 trillion through the end of July, setting a new record amid the coronavirus pandemic even as millions of unemployed people fall into poverty. Wealth held by billionaires around the world rose to $10.2 trillion in July, up from the previous record of $8.9 trillion in 2017, according to an analysis by Swiss bank UBS and consulting firm PwC… Read more…
