America's Billionaires Have Become $1.1 Trillion Richer Amid the Pandemic

America's Billionaires Have Become $1.1 Trillion Richer Amid the Pandemic

America's Billionaires Have Become br $1.1 Trillion Richer Amid the Pandemic.br According to a report published by The Institute for Policy Studies and Americans for Tax Fairness.br billionaires in the United States have br collectively become 40 richer since mid-March.br In fact, many billionaires are faring better br than they were before the pandemic.br The $4.1 trillion in wealth that America's br 660 billionaires currently hold is two-thirds more br than what the bottom 50 of Americans hold.br Big players Mark Zuckerberg, Jeff Bezos and br Elon Musk have enjoyed significant increases in wealth.br They are respectively $37 billion, br $68 billion and $155 billion richer.br According to economists, over 8 million Americans br fell into poverty in the last 6 months of 2020.br According to Oxfam International's annual br inequality report, it will take over a decade for the poorest br people in the world to recover losses from COVID-19.


User: Wibbitz Top Stories

Views: 36

Uploaded: 2021-01-26

Duration: 01:19

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