Business
The rich get richer: Billionaire wealth hits record high during COVID – The New Daily
The wealth of the world’s billionaires has reached record highs after global sharemarkets surged during the pandemic, new research shows.
The wealth of the world’s billionaires has reached record highs after global sharemarkets surged during the pandemic.
Days after the World Bank revealed its measure of extreme poverty would rise for the first time since 1998, UBS investment bank and PricewaterhouseCoopers have released a new report showing billionaires are richer than ever.
Total billionaire wealth across the world rose by 27.5 per cent during the early stages of the pandemic and hit a record $US10.2 trillion ($14.2 trillion) …
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