China lost about 100 billionaires last year, according to UBS, accounting for a 20% net decline in Chinese billionaires' aggregate wealth. Meanwhile, the wealth of billionaires in US continues to skyrocket.
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
[#]us #china #economy
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