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":"34b9a857cec38e7b379eef4ebbde1b1b","s":"0b8236a42bd6f169"}
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