The world’s ultrarich are probably not the first financial victims your thoughts go out to as the coronavirus wreaks havoc on the global economy. China’s mercurial stock markets explain some of this group of outliers. “China has been the relative winner, with its stock markets weathering the virus better than its U.S. and European counterparts,” said Rupert Hoogewerf, Hurun Report chairman and chief researcher. Read More...
Only 9 of the world’s top 100 billionaires have gotten richer during the pandemic — and all are Chinese
The world’s ultrarich are probably not the first financial victims your thoughts go out to as the coronavirus wreaks havoc on the global economy. China’s mercurial stock markets explain some of this group of outliers. “China has been the relative winner, with its stock markets weathering the virus better than its U.S. and European counterparts,” said Rupert Hoogewerf, Hurun Report chairman and chief researcher.
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