March 2, 2021
© Photo: Flickr/dmbosstone
By Chuck COLLINS
February 24, 2021 Update: US Billionaire Wealth Grows $1.3 trillion Since Mid-March 2020.
As the US crosses the threshold of half a million deaths from the Covid pandemic, the nation’s billionaires continue to reap extraordinary financial gains. After 11 months of pandemic misery, where millions have lost their jobs, health and wealth, total US billionaire wealth increased $1.3 trillion since mid-March, 2020, an increase of 44 percent.
As of the market close on Friday, February 19, the country’s 664 billionaires now have combined wealth of $4.3 trillion, up from just under $3 trillion on March 18, 2020. These findings based on Forbes data compiled in this report by Americans for Tax Fairness (ATF) and the Institute for Policy Studies (IPS). [See table of top 15 billionaires at the end.]
¿Cuántos patrióticos millonarios hay en Chile? ¿Hay alguno?
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HEADLINES & GLOBAL NEWS
By
Jan 08, 2021 06:21 AM EST
With a net worth of not less than $185 billion, business magnate, industrial designer, and engineer, Elon Musk just became the world s wealthiest person.
On Top of World s Richest People List
The increase in the share price of Tesla on Thursday catapulted Musk to pass Jeff Bezos, the person who had been the richest individual since 2017 and currently has a net worth of an estimated $184 billion.
The surge in the wealth of Musk over the past year marks the fastest rise of an individual to the top of the rich list in history as it has been a dramatic financial turnaround for the famed entrepreneur who was just 18 months ago was in the headlines due to the rapid cash burn of Tesla and his personal leverage against the stock of the company.