SINGAPORE (Oct 26): The world’s richest have gotten even richer last year, with a collective 19% increase in wealth to US$8.9 trillion.
Unsurprisingly, the wealth of Chinese billionaires helped drive the growth, with their net worth up 39% to US$1.12 trillion, according to the UBS/PwC Billionaires Report 2018.
Other billionaires in Asia did well too. Last year, their collective net worth increased by 32% to US$2.7 trillion, with growth in sectors ranging from...(click on link for full story on theedgesingapore.com)