The world's richest people have become somewhat poorer according to a global wealth report.
Two-hundred-and-eighteen-thousand people considered to be of "ultra-high net worth" had combined fortunes of around $145 trillion NZ in 2022.
That's down 10 percent on the previous year and is the biggest annual fall since the study began in 2010.
Knight Frank wealth report editor-in-chief Liam Bailey spoke to Kim Hill.
