Asia billionaire pool surpasses US; region's income gap not expected to widen

Singapore

FOR the first time, the number of billionaires in Asia has surpassed those in the US - but the issue of a widening income gap between the haves and have-nots in Asia is not a cause for concern, as the trickle-down effect of wealth is said to be felt across all segments.

According to the findings of the Billionaires Report 2017 by…