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

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