Thursday, October 2, 2014

Invest Like a Billionaire

Do you want to invest like a billionaire? The new UBS Billionaire Census breaks down where the world's ultra-wealthy have been putting their money. They're not buying as many stocks as you might think: 47 percent, or $3.4 trillion, of the wealth of billionaires is privately held, one and a half times more than the 29 percent of their assets that is publicly held.

They've also been putting more of their money into cash. Billionaires increased their liquidity holdings this year to an average of $600 million per individual,  which is up by $60 million per individual since last year.

A further 5 percent of billionaires’ net worth, equivalent to $160 million per individual, is held in real estate and luxury assets. The typical billionaire owns four properties, each worth, on average, $23.5 million. You'd think one of those would suffice.

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