Global Billionaires Hold More Wealth Than Most Countries, Despite Stock Market Declines

The collective wealth of the world’s billionaires now surpasses the GDP of every country except the United States and China. Despite significant stock market declines, which have impacted their net worth, billionaires continue to hold an unprecedented amount of global wealth. This concentration of wealth highlights the growing disparity between the ultra-rich and the rest of the world. — new from Fortune

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