Corona increases the wealth of some American billionaires
Corona increases the wealth of some American billionaires

The new report, published by the IPS Policy Research Institute, shows that during the emerging coronavirus (Covid-19) (COVID-19) founder, Amazon (Jeff Bezos) and president of Tesla (Elon Musk) lost millions of millionaires almost 10% as well.

The report pointed out that the increase in the wealth of American billionaires started when nearly 22 million Americans lost their jobs. Although the economy as a whole is facing recession, the percentage of companies that have increased their use in recent weeks, such as - zoom and video trading has increased the prosperity of the founders of these companies.

"It is a pandemic story that has paid a very different price," said one of the authors of the report (Chuck Collins). The report says that from January 1 to April 10 this year, the net worth of the country's 34 richest billionaires increased by tens of millions of dollars.

According to a report by the Policy Institute, eight of them, including Bezos and Zoom (Eric Yuan) founders, increased their net worth by one billion dollars.

Musk holds about 18.5% of Tesla shares and has risen more than 73% since the beginning of the year. Bezos holds about 15.1% of the shares in Amazon, but as people stay indoors, online orders on its platform are increasing. This year, Amazon's share has increased by almost 31%.

The report adds that the wealth of American billionaires has increased by 80.6% in the past ten years after deducting inflation.




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