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Ultra wealthy lose big in 2022
March 1st, 2023 - 08:01 GMT

World’s richest lose $10.1 trillion in 2022

ALBAWABA — The world's ultra-high-net-worth individuals saw their fortunes shrink by 10 percent, or $10.1 trillion, in 2022, mainly due to the invasion of Ukraine, according to a report released on Wednesday. "Challenging markets meant the majority of UHNWIs saw their wealth decline last year, with their collective wealth falling by 10 percent," London-based property consultancy Knight Frank said in its report. The report, which examined the fortunes of 218,000 ...
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Lebanon: Dual Exchange Rates Keeps Fueling the Public Anger
January 21st, 2020 - 09:45 GMT

Lebanon: Dual Exchange Rates Keeps Fueling the Public Anger

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