American Billionaires Have Gotten $1.2 Trillion Richer During The Pandemic

“Twenty million Americans lost their job in the pandemic,” Joe Biden remarked in his Wednesday night

. “At the same time, roughly 650 billionaires in America saw their net worth increase by more than $1 trillion...and they’re now worth more than $4 trillion.”’ data—but the numbers are actually a bit richer. Total American billionaire wealth stands at $4.6 trillion as of the stock market close on April 28, by our count. That’s up 35% from $3.4 trillion when markets opened on January 1, 2020, just as Covid-19 was beginning to take the world by storm.

Just 20 big gainers account for more than half of the increase in all U.S. billionaires’ wealth. The biggest gainer of all, in dollar terms: Elon Musk, who has had an incredible run since the beginning of 2020. The Tesla and SpaceX chief’s net worth has skyrocketed an incredible 540%, from about $27 billion in early January 2020 to more than $170 billion today.

Jeff Bezos, the world’s richest person, has also been a winner. Shares of Amazon are up by 87% over the past 15 months as quarantining shoppers have flocked to the e-commerce giant during the pandemic, helping drive an $86 billion increase in Bezos’ fortune since January 2020.

Source: Financial Digest (financialdigest.net)

And u think this guys can't fund the pandemic?

Wake up because covid was a scam to make pharm rich among other industries because our shit politics are in their pockets. Am I the only one that sees this?

You think it's about that time the rich start helping us out with alil bit on the money for us low incomers I think so. 🙏🙏🙏🙏🙏🙏 THANKS

disgusting

ElonMusk is the man

People with work ethic continue to work and look for opportunities. I am in a much better place thanks to the Trump years and 2020. Never stopped working. Built 2 new businesses.

that's it ? pathetic

Politicians trying to figure out how to tax 75% of whatever is over 1 trillion

Make a conflict with slightly media-pepper innocent people dies then solve it with magical hand, make a fortune (Capitalism)

💡

It's ok, Joe said a trillion ain't shit

Of course you use Elon as the picture.

How is 🤔🤔

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