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The rich aren't getting richer these days

Business Insider - 15 Oct 2016 15:35
The rich aren't getting richer these days Even the world's ultra-rich are feeling the pinch of a slowing economy. (Sort of.) Thanks to falling commodity prices, the stronger dollar, and the dilution of wealth in growing families, total billionaire wealth dropped by $300 billion to $5.1 trillion last year, according to a new report by UBS and PwC. On average, their collective wealth fell to $3.7 billion from $4 billion. "For the first time since the aftermath of the global financial crisis, billionaires' wealth grew at a slower r...
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