Tuesday, April 13, 2021
The Number Of Billionaires In America Has Absolutely Exploded During The Pandemic https://youtu.be/nrmMbM6Hib0
The Number Of Billionaires In America Has Absolutely Exploded During The Pandemic https://youtu.be/nrmMbM6Hib0
The Number Of Billionaires In America Has Absolutely Exploded During The Pandemic
For the wealthy and the ultra-wealthy, happy days are here again. Even though we have just been through one of the most difficult 12 months in our history, the number of billionaires has increased dramatically during this pandemic. That seems rather odd, but there is no denying that the rich have gotten even richer during this crisis. In fact, Forbes revealed this week that the number of billionaires has risen by about 30 percent over the past year…
The number of newly minted and reissued billionaires soared last year, Forbes reported Tuesday in its annual ranking, a staggering accumulation of personal wealth that stands in sharp contrast with the widespread economic struggles unleashed by the coronavirus pandemic.
The number of billionaires on Forbes’ 35th annual ranking swelled by 660 to 2,755 — a roughly 30 percent jump from a year ago — and 493 of them are first-timers. Seven of eight are richer than they were before the pandemic. Forbes calculates net worth by using stock prices and exchange rates from March 5.
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