American billionaires are now nearly 20% richer — by $565 billion,to be
exact — than they were at the start of the coronavirus
pandemic,according to a new report by the Institute for Policy Studies
Six billionaires, including Amazon's Jeff Bezos, Tesla's Elon Musk, and Zoom's Eric Yuan, have seen their net worths grow by more than $2billion each since March, according to the think tank's analysis of Forbes' Billionaires List.
The coronavirus crisis has been an economic disaster for the rest of America, as an end unprecedented 42.6 million Americans filed for unemployment benefits in the past 11 weeks.
Note EU-Digest: This is another major problem facing America, and has resulted in the overwhelming influence Corporate America has on the political environment of the US and beyound. What's been happening with White House and Congressional politics could only be described as a thoroughly corrupt process, with the blessings of a Supreme Court dominated by justices hand-picked to protect the same process.
Read more at:
Billionaires got $565 billion richer during the coronavirus pandemic - Business Insider
Six billionaires, including Amazon's Jeff Bezos, Tesla's Elon Musk, and Zoom's Eric Yuan, have seen their net worths grow by more than $2billion each since March, according to the think tank's analysis of Forbes' Billionaires List.
The coronavirus crisis has been an economic disaster for the rest of America, as an end unprecedented 42.6 million Americans filed for unemployment benefits in the past 11 weeks.
Note EU-Digest: This is another major problem facing America, and has resulted in the overwhelming influence Corporate America has on the political environment of the US and beyound. What's been happening with White House and Congressional politics could only be described as a thoroughly corrupt process, with the blessings of a Supreme Court dominated by justices hand-picked to protect the same process.
Read more at:
Billionaires got $565 billion richer during the coronavirus pandemic - Business Insider
