World’s Richest Increased their Wealth by $237 Billion in 2016
Sources:
Nick Beams
World Socialist Web Site 29 December 2016
Global Research, December 29, 2016
The world’s wealthiest 200 billionaires increased their net worth by $237 billion in 2016, taking their total wealth to $4.4 trillion as of the close of trading on Tuesday, an overall increase for the year of 5.7 percent, according to calculations by Bloomberg.
The major factor in the wealth increase is the surge in the US stock market since th