Articles by Sophie Weiner
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Billionaires Made More Money in 2017 than Any Year in Recorded History
Sophie Weiner | Splinter – TRANSCEND Media Service,
29 Oct 2018
26 Oct 2018 – As most of the world spirals into apocalypse, billionaires are doing much, much better than fine. According to a new report by Swiss bank UBS, 2017 was the best year in recorded history for billionaires, who gained 20 percent more wealth. The amount that the world’s 2,158 billionaires gained last year alone—$1.4 trillion—is greater than the GDP of Spain, Australia, and many other countries.
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