World’s billionaires get richer

The COVID-19 pandemic has made the super-rich around the globe richer.

This is according to a study by consulting firm PwC and Swiss bank UBS, the DPA reports.

The analysis was published on Wednesday.

The total assets of more than 2,000 billionaires rose to $10.2trillion in July.

It surpassed the previous peak of $8.9trillion at the end of 2017.

Recovery of stock markets and investments in technology and healthcare increased the billionaires’ fortunes.

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Presently, 2,189 people in 43 countries are worth more than $1billion each.

In Germany, the number of billionaires grew from 114 to 119.