Number of world billionaires increased by 199 people last year
Finance
- 26 October, 2018
- 10:37
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 26 October. REPORT.AZ/ In 2017, the number of world billionaires increased by 199 people, Report informs citing UBS Group AG.
According to the information, their fortunes grew by 19% to $8.9 trillion.
One third of the new billionaires made money at innovations. Most of them became rich through expansion of their businesses in the Asia-Pacific region.
55 out of 199 new billionaires were recorded in China. Their fortune totaled $1.12 trillion. According to the information, Asia accounts for a greater number of billionaires than the United States.
The document says that 50 companies with the capital exceeding $1 billion have been established in China, 62 in US since 2016.
Ötən il dünyada milyarderlərin sayı 199 nəfər artıb
В 2017 году в мире появились 199 новых миллиардеров
Latest News
00:05
Ukraine discusses postwar recovery and 2027 financing with partners in Brussels
Other countries
23:38
Trump acknowledges Iran war and fuel prices contributed to Republican defeat
Other countries
23:28
Moldova could complete EU accession talks in 2028, government says
Other countries
22:54
Recep Tayyip Erdoğan: I take great pleasure in conveying my most sincere wishes to President Ilham Aliyev
Foreign policy
22:45
Azerbaijani ambassador highlights Croatia"s support for demining efforts
Foreign policy
22:38
Photo
First Vice-President Mehriban Aliyeva, along with her family members, attended symphonic show by internationally acclaimed violinist David Garrett
Cultural policy
22:19
Azerbaijani cookbook published in Bosnian
Foreign policy
21:47
Azerbaijani energy minister begins visit to Ukraine
Energy
21:20
Photo
Baku hosts medal ceremony at World Fire and Rescue Sport Championships
Team sports