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Billionaire Wealth, U.S. Job Losses and Pandemic Profiteers

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.] ....

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Detailed text transcripts for TV channel - MSNBC - 20121030:03:06:00

Hands tonight, as we mentioned, with that explosion on one of the transformers on the other side. ida single, thank you so much. if we can go back to that video that we were just looking at, for people that have not seen the coverage throughout the evening, this is a picture of a crane atop a luxury high rise in midtown manhattan. it has been dangling precariously, dangerously off the top of that building which has become known in manhattan as the global billionaire s club because the nine full floors at the top have been sold to billionaires. two of the dupe pleks are $90 million each. you can just imagine the scene that happened there in midtown manhattan when that happened today. there had to be evacuations in that area because of the danger. just imagine falling debris including the parker meridian hotel. they were evacuated as a ....

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