Asia-Pacific's billionaire population tumbled last year [MSN Money]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: MSN Money
Asia-Pacific's billionaire population tumbled last year © Provided by CNBC LLC The Asia-Pacific region's billionair suffered major loss last year, with their overall wealth and total numbers falling at the greatt rate globally. Load Error The region saw its billionaire population fall by % and their total wealth tumble by 8% in 08, according to data firm Wealth-X's 09 Billionaire Csus. That translat to a loss of 09 billionair in Asia-Pacific and a $ billion drop in their total combined wealth. Those falls were led by the region's four most populous countri for billionair: China, Hong Kong, India and Singapore. The findings mark a reversal of fortun from 07, wh the region minted more ultra-wealthy individuals than any other. Weaker performanc for stock markets, the ongoing United Stat-China tariff dispute According to Wealth-X, global billionaire wealth fell 7% in 08 and the overall billionaire population dropped .%, marking just the second such falls in billionaire numbers since the 0
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