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":"eba91410028e7e42896bd91d79e8963d","s":"254bd4d661784842"}
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