US billionaires add wealth to their wealth in the Covid-19 process

In the United States, the world's largest economy, which has had a difficult time in the economy and health due to the outbreak of the new type of coronavirus (Covid-19), billionaires have added wealth to their wealth. The billionaire who has increased his wealth the most since December last year has been Elon Musk, owner of Tesla, Space X, and Neuralink companies. Musk increased his wealth by $ 127 billion over the one-year period to $ 155 billion.

In the period from the beginning of the epidemic period to December, the total wealth of 651 billionaires in America increased by more than $ 1 trillion to $ 4 trillion.

December March 18, 2020, the date when epidemic restrictions began to appear in the country, $ 2.95 trillion in U.S. billionaires ' wealth, as of December 7, 2020, has increased 36 percent to $ 4.01 trillion. The total wealth of billionaires ranked in the top 10 of the list was about $ 1 trillion.

The total wealth of 651 billionaires amounts to 2 times the wealth of 165 million lower-income earners, almost half the U.S. population, with a total of $ 2 trillion.

'THEY CAN AFFORD THE COUNTRY'S KOVID-19 AID PACKAGE WITHOUT LOSING ANYTHING'

Frank Clemente, executive director of Americans for taxation, cited in the report, said::

"America has never seen so few people have such a large fortune. Tens of millions of Americans have struggled with health and economic problems, while several hundred billionaires have increased their fortunes. The money that billionaires make in the pandemic is so great that they can afford the country's Kovid-19 aid package without losing anything of their pre-virus wealth. Only these billionaires, with their wealth increases in the pandemic, can pay 3 thousand dollars in incentives to every man, woman, and child in the country and still be in a richer position than they were 9 months ago."

MOST TECH WINS

According to Bloomberg Billionaires Index data, there has also been a big increase in the fortunes of businessmen engaged in the technology business. Large increases were recorded in the fortunes of business people, especially in the areas of e-commerce and autonomous driving.

The billionaire who has increased his wealth the most since December last year has been Elon Musk, owner of Tesla, Space X, and Neuralink companies. Musk increased his wealth by $ 127 billion over the one-year period to $ 155 billion.

Amazon owner Jeff Bezos, who is at the top of the list of the wealthiest, has increased his wealth by about $ 73 billion to $ 188 billion.