Asia now has more billionaires than the US for first time
Asia now has the most billionaires in the world, surpassing the US for the first time, according to a report by UBS and PwC. The number of billionaires in Asia rose by 117 to 637, whereas the US added 25 billionaires for a total of 563 in 2016. However, US billionaires still control the most wealth at $2.8 trillion.