World’s Wealthiest Close Out 2016 With $237 Billion Gain
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Loading...The biggest fortunes on the planet whipsawed through $4.8 trillion of daily net worth gyrations in 2016. The volatility -- triggered by disappointing economic data from China at the start of the year, the U.K.’s vote to leave the European Union in the middle and the election of billionaire Donald Trump at the end -- didn’t prevent the richest from getting richer. Their fortunes rose 5.7 percent for the year at the close of trading on Dec. 27, or some $237 billion, according to the Bloomberg Billionaires Index.
The conclusion that we can make is that the Economy and data from China do play a role in World Wide economics, as when it changes that affects even the big money. The big changes in the World do change the Big money as well, as the Brexit and the Presidential Elections in the USA.
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