Trend: Bil­lion­aire pop­u­la­tion reaches record high

China Daily - - PAGE TWO -

The num­ber of bil­lion­aires in the world surged and their wealth soared to record lev­els last year, re­search com­pany Wealth-X said in its lat­est re­port. The bil­lion­aire pop­u­la­tion in­creased by 15 per­cent to 2,754 in­di­vid­u­als, pass­ing the pre­vi­ous peak of 2,473 in 2015, while their wealth rose by 24 per­cent to a record level of $9.2 tril­lion. The Wealth-X Bil­lion­aire Cen­sus 2018 at­tributes the sig­nif­i­cant in­crease in wealth to a syn­chro­nized up­turn in the world econ­omy and climb­ing eq­uity mar­kets. Led by China and In­dia, the to­tal bil­lion­aire pop­u­la­tion in Asia now stands at 784, over­tak­ing North Amer­ica (727) for the first time.

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