Billionaires Canât Pay Latin Americaâs Covid Tab
Dec 17 2020, 3:41 PM
December 16 2020, 4:00 PM
December 17 2020, 3:41 PM
(Bloomberg Opinion) -- Pandemic, schmandemic! As Covid ravages Latin America, the material fortunes of its wealthy may have never fared better. The regionâs billionaires saw their rarefied ranks grow by one new member every week from March to July, while the collective stash of the megarich increased by $48 billion, according to a report by Oxfam.
(Bloomberg Opinion) -- Pandemic, schmandemic! As Covid ravages Latin America, the material fortunes of its wealthy may have never fared better. The regionâs billionaires saw their rarefied ranks grow by one new member every week from March to July, while the collective stash of the megarich increased by $48 billion, according to a report by Oxfam.