SUBSCRIBERS
Asia billionaire wealth up 36%; tech, healthcare players pull ahead of peers
Published Wed, Oct 7, 2020 · 09:50 PM
Singapore
THE fortunes of Asia's wealthiest have grown more polarising, with billionaires in the booming tech and healthcare sectors pulling ahead of their peers as the Covid-19 crisis accelerates the divergence.
Total billionaire wealth in the region rebounded by 36 per cent to US$3.3 trillion from April to end-July this year, showing signs of a post-pandemic recovery, fresh data from UBS and PwC's annual billionaire report showed on Wednesday.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
