There are now more billionaires in Asia than the US

2017-10-26 1

Asia now has more billionaires than the U.S. The wealth of billionaires worldwide increased by nearly 17 percent to $6 trillion in 2016. With China in the lead, Asia's number of billionaires surpassed the U.S. for the very first time. However, American billionaires still control most of the wealth, according to Bloomberg.