75% of new billionaires are from China & Asia!! Within the next 4 years no of Asian Billionaires will overtake US! Awesome!
Asia Now Has More Billionaires Than the U.S.
By Katya Kazakina
and Patrick Winters
October 26, 2017
Asia Billionaires Lead the Pack of World's Wealthiest
The world’s wealthiest individuals are on a roll with billionaires in Asia leading the pack.
Billionaire wealth increased 17 percent to $6 trillion in 2016, after a decline the previous year, UBS Group AG and PricewaterhouseCoopers said in a report issued Thursday. Led by China, the number of the region’s billionaires surpassed the U.S. for the first time.
But don’t shed a tear for the richest folks in the U.S.: American billionaires still control the most wealth at $2.8 trillion.
https://www.bloomberg.com/news/arti...unes-rise-to-6-trillion-with-asia-leading-way
Asia Now Has More Billionaires Than the U.S.
By Katya Kazakina
and Patrick Winters
October 26, 2017
- One billionaire is created every three weeks in China: UBS
- U.S. still has greatest amount of billionaire wealth, UBS says
Asia Billionaires Lead the Pack of World's Wealthiest
The world’s wealthiest individuals are on a roll with billionaires in Asia leading the pack.
Billionaire wealth increased 17 percent to $6 trillion in 2016, after a decline the previous year, UBS Group AG and PricewaterhouseCoopers said in a report issued Thursday. Led by China, the number of the region’s billionaires surpassed the U.S. for the first time.
But don’t shed a tear for the richest folks in the U.S.: American billionaires still control the most wealth at $2.8 trillion.
https://www.bloomberg.com/news/arti...unes-rise-to-6-trillion-with-asia-leading-way