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":"83477ff1ba183f5c30578f8ce2fe03e3","s":"69e845b0b873ee49"}
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