Total billionaire wealth soared to $6 trillion in 2016, with one billionaire created every two days in Asia, UBS reported in a study published Thursday.
The research said an annual increase of 17 percent among the super-rich was supported by a surge among Asia’s emerging billionaire class as well as an uptick in growth in the materials, industrials, financial and technology sectors.
“Indirectly, you could argue and say governments, regulators and central bankers may have contributed to the wealth creation,” Josef Stadler, global head of ultra-high net worth at UBS, told CNBC on Thursday.
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