Asia billionaire wealth up 36%; tech, healthcare players pull ahead of peers
Add BT as a preferred source
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.
TRENDING NOW
Not in education, employment or training: Why more Hong Kong youths are opting out of work
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Lamborghini-driving boss of Eminent Frog Porridge charged with S$3.8 million tax evasion, money laundering
Can Labubu and Pop Mart survive the future?
