Billionaires Became $5 Trillion Richer During the Pandemic
Obscene. If this is capitalism then this evil. But it’s really about government being used by the wealthy to promote their interests to the detriment of the rest of us. The U.S. political system, in particular, is controlled by the 1 percent. And they are using that power and wealth to destroy us all:
Nearly 500 new billionaires joined the ranks of Jeff Bezos and Elon Musk last year as the world’s richest became $5 trillion richer:
2020 was a great year for billionaires.
That’s according to Forbes, which released its annual billionaires list on Tuesday. Forbes found that the world’s wealthiest people, many of whom are recognizable as the top names in the business world, are $5 trillion richer than they were one year ago.
Here’s how the five richest billionaires fared in 2020:
Jeff Bezos, Amazon’s CEO, saw his fortune grow from $113 billion in 2020 to $177 billion in 2021
Elon Musk, the CEO of Tesla and SpaceX, saw his net worth rise from $24.6 billion in 2020 to $151 billion in 2021
Bernard Arnault, the CEO of LVMH, saw his wealth rise from $76 billion in 2020 to $150 billion in 2021
Bill Gates, the cofounder of Microsoft, saw his fortune grow from $98 billion in 2020 to $124 billion in 2021
Mark Zuckerberg, Facebook’s CEO, saw his net worth rise from $54.7 billion in 2020 to $97 billion in 2021
