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World's billionaires lose £215m each as global economy struggles

Study finds billionaire population grew in 2015, but total wealth of this group fell by nearly £250bn as economic growth stalled The world’s billionaires saw their wealth shrink by an average of £215m each last year, as economic headwinds made themselves felt. A report published on Thursday by UBS and PricewaterhouseCoopers has found that falling commodity prices helped put billionaires under pressure at a time of stalling growth in technology and finance, the motors of wealth creation.
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