The wealth of world’s wealthiest people is declining

The wealth of world’s wealthiest people is declining

The wealthy are struggling, comparatively speaking. Struggling, how? According to the annual ranking from Forbes Magazine that lists the world’s wealthiest people, the number of billionaires worldwide fell by 329 to 2,668 in 2021. The total value of their assets also fell from the $13.1t reported the previous year to $12.7t. What’s the cause of…