Wealth of billionaires surges to $10.2 trillion amid coronavirus crisis
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While even the leading economies are reeling under pressure due to the novel coronavirus crisis, the wealth of the world's billionaires has reached a new high. According to the latest report by the Swiss bank, the wealth of billionaires reached $10.2 trillion in July, breaking the previous record of $8.9 trillion at the end of 2019. The report was prepared after collecting the data of over 2,000 billionaires.