Billionaires' wealth fell in 2018 for first time in three years: Report

The world's billionaires saw their collective wealth fall in 2018 for the first time in three years, a report by UBS and PwC revealed. Billionaires' fortune fell by 4.3% or $388 billion globally to $8.5 trillion last year, the report found. The net worth of China's richest dropped 12.3% and the number of Chinese billionaires fell by 48 to 325.