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How billionaires made - and invested - their billions

Wednesday, February 22, 2017 - 05:50

Bernard Arnault, chairman of LVMH.

Azim Premji, chairman of Wipro.

Steven Ballmer, former CEO of Microsoft.

New York

BEING part of the global billionaire class is beyond the imagination of most people. At the threshold of US$1 billion, a 5 per cent return would yield an annual interest payment of US$50 million - without ever touching the principal.

But how billionaires, from those in the

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