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Exchange the bag tee billionaires

The Club of billionaires in the world and also in Switzerland to become in the past year, a little smaller and a little poorer. This is due primarily to the negative development of the stock markets, which inflated the wealth of the wealthy shrink.

By 4.3 percent to a still-stately 8'537 billion U.S. dollars in 2018 are the property of the richest this world has fallen. Thus, the assets of the super rich for the first time since 2008, as formed from the Friday published "Billionairs Report 2019" shows.

this is primarily Due to the conversion of the assets to the US Dollar, which was reflected above all in assets of Asian billionaires negative. But also the weakness on the stock markets has led to wealth destruction, as the report of the auditing and consulting company PwC and the Swiss Bank UBS is.

more and more billionaire inside

Over the last five years, i.e., since the study is created, increased, however, the assets of the richest of the Rich in order to around 35 per cent, or 2'200 billion dollars. At this time, the number of the billionaires to almost 39 percent.

last year, their number decreased, however, by 57 persons, or 8 percent, to 2101 individuals. From these US-Dollar-billionaires 33 Swiss, three less than in the previous year were suffered, with a decline in their assets by 14 percent to 107 billion dollars. So you lost more than the global stock market, as measured by the MSCI World index by 9 per cent decline.

the number of billionaire is Grown inside. 233 of 2101 richest people are now female, in 2013 there were 160. This represents an increase of 46 percent over five years.

Apple CEO Tim Cook – not a billionaire – and Jobs's widow, Laurene Powell, who inherited from the deceased founder of Apple also Disney shares. Picture: Reuters

The richest women are Francoise Bettencourt Meyers, the granddaughter of the L'oreal founder, and Alice Walton, whose father had started Walmart. Also, Steve Jobs widow, Laurene Powell, is one of the richest billionaire on the inside.

The most recent on the list is Reality TV Star Kylie Jenner. It is considered to be a Self-made billionaire, has developed her wealth by yourself – on the one hand, by the TV Shows with the Kardashians, the major portion of their assets is, however, of her own cosmetics company.

In Asia, have developed more than half of the Billionaire their wealth themselves, as it says in the report.

China's billionaires are the second richest group

have formed the wealth of Asian billionaires and by 8 per cent to 2'491 billion. The Club was reduced to 60 members, but still 754 people. In particular, Chinese billionaires have experienced a sharp decline in Assets of 12.3 percent, but this is due to the devaluation of the domestic currency against the US Dollar, as well as the worst Performance of the Chinese stock markets since 2011. Their number decreased by 48 to 325 individuals.

the authors of The study seen in the last year's decline in the number of Chinese billionaires but only a temporary development. Due to this drive, the experts of PWC and UBS expect the number of Chinese billionaires and their wealth will increase in the future more strongly.

The Chinese woman, Wu Yajun is a Chairman of the Board and Co-founder of Longfor Properties. The 55-year-old is one of the richest women in the world. Image: Longfor

they also point out that Chinese billionaires are on the rise in the past five years, the second-richest group, and the Russian billionaires from the place. Their assets almost tripled in this period to 982 billion by the end of 2018.

Only in the USA, the assets of 2018, marginally (0.1%) and increased, thanks mainly to a capital increase in the technology billionaires. Also, the number of American super-rich increased by 4.8 percent to 749 persons. (anf/sda)

Created: 08.11.2019, 08:58 PM

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