Although Cyprus is a small country, according to a study conducted by UBS and PwC titled “The Billionaire Effect”, six Cypriot citizen are billionaires with assets reaching €19.9 billion at the end of 2018. In 2017 assets of Cypriot tycoons were worth €17.6. Ali Janoudi, UBS Global Wealth’s head for Central, Eastern Europe and the … Continue reading Six wealthy Cypriots own assets equal to Cyprus’ GDP