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Global billionaire wealth leaps, fueled by US gains: UBS

Global billionaire wealth leaps, fueled by US gains: UBS

FILE PHOTO: A UBS logo is pictured on the branch of the Swiss bank in Lucerne, Switzerland, June 14, 2024. REUTERS/Denis Balibouse/File Photo

The wealth held by the world’s billionaires jumped by about 17% over the past year, as significant gains among the super rich in the United States more than offset a decline in China, Swiss bank UBS said on Thursday.

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