Billionaires break 'world record'; this is how much money they earned
Agencies | Oct 26, 2018, 07:19 PM IST
Billionaires made more money in 2017 than in any year in recorded history and the richest people on Earth increased their wealth by a fifth to $8.9 trillion, according to a report by Swiss bank UBS.
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UBS Billionaires 2018 Report
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Birth of 21st Century Multi-generational Families
"That period bred generations of families in the US and Europe who went on to influence business, banking, politics, philanthropy and the arts for more than 100 years. With wealth set to pass from entrepreneurs to their heirs in the coming years, the 21st century multi-generational families are being created." (Reuters)
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2,158 Billionaires in the World
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40 New Billionaires
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44 Heirs Inherited Billion Dollars
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701 Billionaires are Septuagenarians
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