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UBS: 2023 Global Wealth Survey Explained

New research conducted by UBS Group AG reveals a significant shift in the distribution of wealth among billionaires.

UBS research highlights wealth transfer among billionaires, emphasizing the influence of family fortunes. PHOTO: ALP/Bloomberg

In the past year, heirs joining the ranks of the world’s richest accumulated more wealth than newly-minted self-made billionaires, underscoring the growing influence of family

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