China gets a new billionaire every 5 days

Asia has reportedly produced a new billionaire every week. Well, it turns out to be much faster than that. A new report by UBS and PricewaterhouseCoopers found that one billionaire pops up in Asia every three days, outpacing all other regions in the world. China accounts for 71% of Asia’s new billionaires, up from 35%… Continue reading China gets a new billionaire every 5 days