China Sheds Millionaires as Slowdown Shaves Fortunes

United States News News

China Sheds Millionaires as Slowdown Shaves Fortunes
United States Latest News,United States Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

The world’s richest lost $2 trillion in asset value in 2018, according to a report by Capgemini

The number of Chinese individuals with more than $1 million in financial assets slid 5% to 1.

2 million during 2018 on the back of a $500 billion drop in the value of the assets they held, according to Paris-based Capgemini SE. The research shows China’s tug was a big contributor to a 2.9%, $2 trillion loss in wealth among the richest...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China's envoy to Britain laments 'Cold War mentality' over Hong Kong protestsChina's envoy to Britain laments 'Cold War mentality' over Hong Kong protestsChina is not interested in a diplomatic war with Britain but rejects the 'C...
Read more »

China station next target for Hong Kong protestersChina station next target for Hong Kong protestersHong Kong student protestors plan to demonstrate in the city's tourist districts where dozens of visitors come from mainland China. With this move they want to show their grievances and explain why their opposition to the extradition bill.
Read more »

China's envoy to London laments 'Cold War mentality'China's envoy to London laments 'Cold War mentality'China is not interested in a diplomatic war with Britain but rejects the 'C...
Read more »

Hong Kong protesters aim to take message to mainland ChineseHong Kong protesters aim to take message to mainland ChineseProtesters in Hong Kong are taking their message to visitors from mainland China
Read more »

China's envoy to Britain laments 'Cold War mentality' over Hong Kong protestsChina's envoy to Britain laments 'Cold War mentality' over Hong Kong protestsChina is not interested in a diplomatic war with Britain but rejects the 'C...
Read more »

Wife of China's Meng, former Interpol chief, sues agencyWife of China's Meng, former Interpol chief, sues agencyThe wife of the former head of Interpol, who was detained in his native China, s...
Read more »



Render Time: 2025-03-10 18:55:46