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UBS: Asia boasts largest number of new billionaires in 2013

The total billionaire wealth in Asia increased by nearly 13% to US$1.18 trillion in 2013, making it the fastest growing region, according to the recent Wealth-X and UBS Billionaire Census. Asia’s billionaire population grew by 18 to 508 this year, in contrast to Europe where the number of billionaires fell by 29 to 766. Europe’s total wealth, however, grew by…

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