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World's rich grow richer as bull markets roar on: study

Reuters  |  ZURICH 

ZURICH (Reuters) - The pool of money held by the world's wealthiest people grew by 12 percent last year to nearly $202 trillion (£152.1 trillion) as bull markets and the dollar's weakening against most major currencies boosted global fortunes, an international advisory firm's study released on Thursday said.Adjusted for exchange rate swings, wealth rose 7 percent, the Boston Consulting Group (BCG) survey found. While residents of North America held the greatest share of personal wealth at almost 43 percent, the fastest growth came in Asia, Latin America and the Middle East. Most super-rich ...

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First Published: Fri, June 15 2018. 08:33 IST