World’s Richest Lost $10 Trillion In 2022: Knight Frank

The world’s ‘ultra-high net worth individuals’ (UHNWIs) lost a cumulative wealth of $10 trillion or 10% of their net worth in 2022 due to global economic uncertainty, energy crisis and geopolitical situations, Knight Frank’s 17th edition of The Wealth Report reveals. In Europe, they lost an average of 17% of their fortunes. Those in Australia … Continue reading World’s Richest Lost $10 Trillion In 2022: Knight Frank