Asia Pacific is home to most billionaires globally, pandemic grows wealth

There are now 2,189 billionaires globally with a combined wealth of $10.2 trillion, as the pandemic-induced stock market rally catapulted the net worth of the world’s uber wealthy to a new high. 

As of July 2020, Asia-Pacific accounted for the highest number of ultra-high net worth individuals, with 831 (38%) of the super rich residing in the region, where billionaire wealth now totals $3.3 trillion, according to Swiss bank UBS’ new Billionaires Insights Report 2020. That compares to 762 (35%) across the Americas and 596 (27%) in Europe, the Middle East and Africa (EMEA). 

The findings, based on interviews and data from 2,000 billionaires across 43 markets, saw Asia-Pacific retain its global position as “the engine of wealth growth,” UBS Global Wealth Management’s Anurag Mahesh said at the report’s launch Wednesday.  

Mainland China emerged as the region’s top market for wealth creation, with 415 billionaires, followed by India (114), Hong King (65) Taiwan (40) and Australia (39). The U.S. is home to 636 billionaires, the study found.

Wealth generators

Much of the billionaire wealth growth seen this year was closely correlated to the market recovery staged since April’s dramatic sell-off, since the assets of the ultra wealthy are typically tied up in the public companies they run or invest in. 

However, from 2019 to the peak of the downturn in April 2020, Asian billionaire wealth emerged relatively unscathed, dropping 2.1% compared to 10.1% in EMEA and 7.4% in the Americas.

Manesh, Asia-Pacific co-head of UBS’s Global Family Office, said they could be partly related to the region’s dominance in two key  industries — technology and health care — which have surged in the wake of the pandemic.

Asia-Pacific is home to the world’s highest share of tech and health-care billionaires, accounting for 181 (8%) of the total billionaire population, compared

PodcastOne Grows ‘SportsNet’ Programming With Slate Of New Shows From Super Bowl Champ Michael Irvin, Adam Carolla And Jeff Cesario | News

LOS ANGELES, Oct. 2, 2020 /PRNewswire/ — PodcastOne, a subsidiary of LiveXLive Media (Nasdaq: LIVX), is strengthening its sports-based programming network — SportsNet — with a slate of new and upcoming programming for 2020. Super Bowl Champion Michael Irvin is lined up for a weekly podcast; World Record-holding podcaster and comedian Adam Carolla and comedian Jeff Cesario will launch the daily “All Balls, All Sports.”  Leading sports television host Chris Myers recently debuted his “CMI: The Chris Myers Interview” on PodcastOne’s sports network in August 2020 and to date has featured interviews with Urban Meyer, Warren Moon, Jimmy Johnson and Jim Edmonds.

“Sports-related programming has done remarkably well on our network and this slate of premium sports shows from some of the greatest sports and comedic talent will serve both our audience and our advertisers,” said Peter Morris, PodcastOne’s CEO. 

PodcastOne’s SportsNet existing shows includes leading podcasts from NBA great Shaquille O’Neal, legendary boxing champ Mike Tyson, sports journalist Rich Eisen and famed wrestler Steve Austin. Listenership in sports related programming on PodcastOne has increased 14% in Q3 since the end of Q2 in calendar year 2020.

PodcastOne’s new SportsNet programming includes:

“The Michael Irvin Podcast” premiered October 1, 2020
Hall of Famer Michael Irvin – The Crown Prince of Planet Texas – has been entertaining on the NFL gridiron as well as the NFL television stage with his hilarious takes and honest conversations for years. Now he’ll bring the biggest names in sports and entertainment to the Podcast World! The MIP will have a no holds barred approach to news, pop culture, football analysis, and of course a lil controversy. Make sure you catch Michaedl’s “88 Seconds” RANT at the end of every podcast!

“All Balls, All Sports” premiere

PodcastOne Grows ‘SportsNet’ Programming With Slate Of New Shows From Super Bowl Champ Michael Irvin, Adam Carolla And Jeff Cesario

PodcastOne Grows ‘SportsNet’ Programming With Slate Of New Shows From Super Bowl Champ Michael Irvin, Adam Carolla And Jeff Cesario

LOS ANGELES, Oct. 2, 2020 /PRNewswire/ — PodcastOne, a subsidiary of LiveXLive Media (Nasdaq: LIVX), is strengthening its sports-based programming network — SportsNet — with a slate of new and upcoming programming for 2020. Super Bowl Champion Michael Irvin is lined up for a weekly podcast; World Record-holding podcaster and comedian Adam Carolla and comedian Jeff Cesario will launch the daily “All Balls, All Sports.”  Leading sports television host Chris Myers recently debuted his “CMI: The Chris Myers Interview” on PodcastOne’s sports network in August 2020 and to date has featured interviews with Urban Meyer, Warren Moon, Jimmy Johnson and Jim Edmonds.



“Sports-related programming has done remarkably well on our network and this slate of premium sports shows from some of the greatest sports and comedic talent will serve both our audience and our advertisers,” said Peter Morris, PodcastOne’s CEO. 

PodcastOne’s SportsNet existing shows includes leading podcasts from NBA great Shaquille O’Neal, legendary boxing champ Mike Tyson, sports journalist Rich Eisen and famed wrestler Steve Austin. Listenership in sports related programming on PodcastOne has increased 14% in Q3 since the end of Q2 in calendar year 2020.

PodcastOne’s new SportsNet programming includes:

“The Michael Irvin Podcast” premiered October 1, 2020
Hall of Famer Michael Irvin – The Crown Prince of Planet Texas – has been entertaining on the NFL gridiron as well as the NFL television stage with his hilarious takes and honest conversations for years. Now he’ll bring the biggest names in sports and entertainment to the Podcast World! The MIP will have a no holds barred approach to news, pop culture, football analysis, and of course a lil controversy. Make sure you catch Michaedl’s “88 Seconds”