While more than 36-million Americans are jobless following shutdowns allegedly to slow the spread of the coronavirus, the nation’s 600 billionaires increased their wealth by 15% from $2.9-trillion in March to now nearly $3.4-trillion.
Five billionaires, including Amazon CEO Jeff Bezos, Microsoft Co-Founder Bill Gates, Facebook CEO Mark Zuckerberg, Berkshire Hathaway CEO Warren Buffet, and Oracle CEO Larry Ellison, have increased their wealth by $75.5-billion since the nation’s coronavirus lockdowns began in March. While Bill Gates was spreading panic over the coronavirus and pushing for a 3-month lockdown, the Bill and Melinda Gates Foundation was buying up tech stock, such as Apple, Amazon, Google-parent Alphabet, and Twitter, all of which did a booming business during the lockdown.
These five billionaires’ growth in net wealth, alone, accounted for 21 percent of all the wealth growth over the last two months among the more than 600 billionaires in the U.S.
These five billionaires’ growth in net wealth, alone, accounted for 21 percent of all the wealth growth over the last two months among the more than 600 billionaires in the U.S.
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https://www.breitbart.com/politics/2020/05/25/billionaires-increase-net-worth-by-434b-during-coronavirus-lockdowns/