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This Article is From Jan 02, 2017

World’s Wealthiest Close Out 2016 With $237 Billion Gain: Chart

World’s Wealthiest Close Out 2016 With $237 Billion Gain: Chart

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(Bloomberg) -- The biggest fortunes on the planet whipsawed through $4.8 trillion of daily net worth gyrations in 2016. The volatility -- triggered by disappointing economic data from China at the start of the year, the U.K.'s vote to leave the European Union in the middle and the election of billionaire Donald Trump at the end -- didn't prevent the richest from getting richer. Their fortunes rose 5.7 percent for the year at the close of trading on Dec. 27, or some $237 billion, according to the Bloomberg Billionaires Index.

To contact the reporter on this story: Tom Metcalf in San Francisco at tmetcalf7@bloomberg.net. To contact the editors responsible for this story: Robert LaFranco at rlafranco@bloomberg.net, Sophie Caronello

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