Wealth of the World’s Billionaires Has More Than Doubled Over the Past Decade
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Driven largely by the accumulation of massive wealth by the richest people in the United States, the Swiss wealth manager UBS said Thursday the assets of billionaires around the world more than doubled over the past decade. Between 2015-24, the total wealth of billionaires increased by 121%, from $6.3 trillion to $14 trillion. Meanwhile, the MSCI AC World Index of global equities…