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Asian billionaire headcount to outstrip the West in five to ten years: UBS report

A UBS report, compiled in conjunction with PwC, found that for the first time Asia accounts for 36% of global billionaires, which is already more than Europe. The report found that between 1994 and 2014, 917 self-made billionaires created more than $3.6 trillion of wealth globally. UBS and PwC report, titled “Billionaires: Master architects of great wealth and lasting legacies”, charted the…

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