U.S. Billionaires Gained Almost $1 Trillion in Wealth During the Pandemic
December 2nd, 2020Via: CBS:
The nation’s 644 billionaires have enjoyed a staggering rise in wealth since the pandemic shuttered the economy in March, with the group gaining almost $1 trillion in total net worth, according to a new analysis. The spike in wealth coincides with what some economists are calling a K-shaped recovery, with the rich regaining their footing while poorer Americans struggle with lost wages and jobs.
