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":"585c460edad0ea35da3753df354f2c5f","s":"daf3c37adfa25023"}
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