Report: World’s Richest Got 20% Richer in 2017

A report published recently by Swiss bank UBS shows the world’s wealthiest are now worth $9.1 trillion, enough to spend $1 million per day for 30,000 years.

In 2017, more than 2,000 billionaires around the world became even wealthier, pushing their collective fortunes to historic levels. According to a report recently published by Swiss bank UBS and accountants PricewaterhouseCoopers (PwC), no other year in recorded history, including the industrial revolution and the Gilded Age, has seen such a massive increase in wealth of the global elite.

Just over 2,150 people have seen their wealth increase by 20 percent, many doing so through various forms of inheritance and asset transfers.

via Report: World’s Richest Got 20% Richer in 2017

One thought on “Report: World’s Richest Got 20% Richer in 2017”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.