Business
Billionaires’ riches reach record highs during pandemic – Bangkok Post
ZURICH: The wealth of the world’s billionaires reached record heights this year despite the global coronavirus crisis, led by tech, health and industry “innovat…
ZURICH: The wealth of the world’s billionaires reached record heights this year despite the global coronavirus crisis, led by tech, health and industry “innovators and disruptors” like Elon Musk, said a report published Wednesday.
By the end of July, the cumulative wealth of billionaires stood at around $10.2 trillion, according to a study by Swiss bank UBS and accounting giant PricewaterhouseCoopers.
That exceeded the previous peak of $8.9 trillion recorded in 2017.
The annual inventory of t…
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