The pandemic may have slowed business for most entrepreneurs but definitely not these billionaires as they have gained half a trillion during the Lock down.
Statistics shows that more than 42 million people have signed on as unemployed in the US, the countries billionaires have added half a trillion dollars to their combined wealth, according to a think tank report.
since from March 18, when U.S. lock downs started, the wealth of America’s richest people surged by over $565 billion over the past 11 weeks, the Institute for Police Studies calculated in a report published on Thursday.
Jeff Bezos, founder of Amazon, has benefited the most, as his orders at his online delivery service soared, with his wealth increasing by an eye-watering $36.2bn. Mark Zuckerberg was the second biggest beneficiary, increasing his net worth by $30.1bn. Even Bill Gates, who has positioned himself as global health saviour by backing a number of Covid-19 vaccine projects, has ended up $11.8bn better off.
See their recent gains;
Jeff Bezos – up $36.2bn
Mark Zuckerberg – up $30.1bn
Elon Musk – up $14.1bn
Sergey Brin – up $13.9bn
Larry Page – up $13.7bn
Steve Ballmer – up $13.3bn
MacKenzie Bezos – up $12.6bn
Michael Bloomberg – up $12.1bn
Bill Gates – up $11.8bn
Phil Knight – up $11.6bn
Larry Ellison – up $8.5bn
Warren Buffett – up $7.7bn
Michael Dell – up $7.6bn
Sheldon Adelson – up $6.1bn
See How U.S Billionaires Gain Half A Trillion Dollars In Lock down
