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":"05ea7e6e21dd0d3a96a815701a2a1416","s":"8ebac3a819e3e9be"}
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