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The combined assets of all billionaires in the world rose by 19% last year. Nearly 200 new billionaires have been added, mainly in China.
UBS and PwC annual report on billionaires says world's richest people now have $ 8.9 trillion In China, two new billionaires are added each week.
According to the investment bank and the firm of accountants and consultants, a third of new millionaires have increased their fortune through a form of innovation. The rest has exceeded the power line by increasing trade in Asia
According to the survey, there are now more billionaires in China than in the United States. Over a period of up to three years, Chinese super-rich have also caught up with the Americans in terms of joint capacity.
Especially in the technology sector, things are going fast, say UBS and PwC. The Chinese in this sector "develop new business models, take their risks and move quickly from one sub-sector to another".
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