Research
October 26, 2017
Jean-Michel Basquiat's Untitled sold for $110.5 million. Image credit: Sotheby's
By Jen King
After a $300 billion decline to $5.1 trillion in 2015, UBS and PwC report that the total wealth of the world’s billionaires rose 17 percent in 2016 to $6 trillion.
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","iv":"3a5eba61a48ad503ea89e6cb844cbb96","s":"a598e0e3a13ca742"}
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