US billionaires got $434 billion richer during the pandemic, according to report - Business Insider

, 623 billionaires live in the US, including Amazon CEO Jeff Bezos, Microsoft co-founder Bill Gates, Facebook co-founder Mark Zuckerberg, investor Warren Buffett, and Oracle founder Larry Ellison. The report indicates that just those top five billionaires saw their wealth increase by a total of $75.5 billion, or 19%.

In total, the roughly 600 US billionaires saw their wealth grow from $2.948 trillion to $3.382 trillion within the past two months. "The pandemic has revealed the deadly consequences of America's yawning wealth gap, and billionaires are the glaring symbol of that economic inequality," Americans for Tax Fairness executive director Frank Clemente said in the report, which advocates for closing tax loopholes for the wealthy.

"Post-pandemic, the rich and corporations must begin to pay their fair share of taxes so we can build a society that works for everyone, not just billionaires and others at the top," Clemente added. The report comes as the number of Americans who filed for unemployment benefits continues to grow. On Wednesday, the US weekly jobless claims

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if yall in the comments knew what to do with your money maybe you’d be making profit during these times too Invest 🤷🏾‍♂️

Can we stop pretending that billionaires don't do insider trading? Even if you're smart, the most you can get is multi millions, but billions? Definitely some shady shit going on.

That’s what happens when you print all that money.

THIS IS WHAT TRUMP/HIS REGIME ALONG W-REPUBLICANS IN THE SENATE, LED BY MOSCOW MITCH, HAVE DONE 'TO' THE AMERICAN PEOPLE. +MOSCOW MITCH SAYS HELPING THE AMERICAN PEOPLE SUFFERING THRU CRISIS ONLY CONDONES THEIR 'TAKING ADVANTAGE' OF MINOR FINANCIAL HELP.

And our local auto rickshaw driver has increased its fare from 30 to 50 Indian rupees n people think they are taking benefits of lockdownindia n Covid_19india 🤦🤦

footballisfixed guess we now know who stood to benefit most so finding the culprits won't be that difficult

JoanieReb And here's why...

And there this shock and surprise as to who wants the economy opened and people back to work? It’s capitalism

It’s not over yet

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