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news • 1 day ago

China lost about 100 billionaires last year, according to UBS, accounting for a 20% net decline in Chinese billionaires' aggregate wealth, while billionaire wealth in the US continues to surge

cross-posted to:
economics@lemmygrad.ml

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China lost about 100 billionaires last year, according to UBS, accounting for a 20% net decline in Chinese billionaires' aggregate wealth, while billionaire wealth in the US continues to surge

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to

news • 1 day ago

cross-posted to:
economics@lemmygrad.ml

https://inequality.org/facts/global-inequality/

https://www.oxfam.org/en/press-releases/billionaire-wealth-surges-2-trillion-2024-three-times-faster-year-while-number

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SootySootySoot [any]
·
19 hours ago
It would be interesting to know why - Have they lost wealth? Is it a tax dodge? Did they die?

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