As The ‘Richcession’ Rises, More People Are Losing Their Millionaire Status 

As The ‘Richcession’ Rises, More People Are Losing Their Millionaire Status 

Essence Magazine:

By Jasmine Browley ·Updated August 22, 2023

The rich is getting poorer, a clear sign of a shifting economy experts say.

The latest Global Wealth Report cited that Swiss banks UBS and Credit Suisse said $11.3 trillion of private wealth was lost in 2022.

In

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