Nation’s Billionaire’s See Net Worth Jump $434B in First Two Months of Pandemic

[best bhter]

Hi, BBHF!

TALE OF TWO CRISES:
BILLIONAIRES GAIN AS WORKERS FEEL PANDEMIC PAIN

Nation’s Billionaire’s See Net Worth Jump $434B in First Two Months of Pandemic

WASHINGTON—America’s billionaires flew far ahead financially even as the rest of America was locked down during the first two months of the coronavirus pandemic, a new report by Americans for Tax Fairness (ATF) and the Institute for Policy Studies – Program on Inequality (IPS) shows.

The top five U.S. billionaires—Jeff Bezos, Bill Gates, Mark Zuckerberg, Warren Buffett and Larry Ellison—saw their wealth grow by a total of $75.5 billion, or 19%. Together they captured 21% of the total wealth growth of all 600-plus billionaires in the last two months. The fortunes of
Bezos and Zuckerberg together grew by nearly $60 billion, or 14% of the $434 billion total. In March there were 614 billionaires on the Forbes list, and 630 two months later, including newcomer Kanye West at $1.3 billion.

Download official report

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http://americansfortaxfairness.org/wp-co...-FINAL.pdf

Havу a nice day!

[jazzman777]

Very insighful article, I do not live in the US, but it's really disgusting how sick you need to be so greedy. When millions of people just lost their jobs, are in big debts, while the Billionaires want more and more just so they can compete with other billionaires, that's the only reason, a sick competition (ego for ego). When enough is enough?

I understand the most of them are IT or Cloud related, and it makes sense that no one is going outside, but man, you have to wonder about all those conspiracies that are out there, and you ponder if some of those are really true.

Now the trend is not Monopoly but DOMINATION, as Bill Maher said yesterday in his show, and it's true, any startup business that can be a threat to Facebook, Apple, Amazon, Microsoft, Walmart, they just bought them and trash it or milk it, that's it.

[best bhter]

The law of the jungle - it is beneficial not to remove the source of the disease, but it’s more profitable to produce medicaments and all related equipment.

[Neorocker]

Thank you a lot

[Ghost Fox]

Or...the 2 who made the most profit simply invested wisely in communication and information...