Updated on
Summary Assets of the worlds richest people have registered growth.
As per details, World stock markets showed upward trend due to bailout package for banks announced by European leaders The world’s richest people added a combined $21.4 billion to their collective net worth this week as the wealth gap between billionaire Carlos Slim and Eike Batista widened to more than $50 billion.Leaders of the 17 euro countries dropped requirements that taxpayers get preferred creditor status on aid to Spain’s banks and opened the way to recapitalize lenders directly, while relaxing conditions on potential help for Italy. The S&P 500 gained 2.03 percent during the week to close at 1362.16 in New York June 29. The Stoxx 600 Index climbed 1.86 percent during the week, closing at 251.17.
