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  1. #26
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    America's billonaires got $484billion RICHER during the pandemic - with the top five seeing a combined $76billion added to their personal wealth

    America's billionaires have got $484 billion richer during the coronavirus pandemic, according to a new report.

    Data taken from mid-March to mid-May shows that the country's wealthiest have profited from the health crisis.

    The top five U.S. billionaires - Jeff Bezos, Bill Gates, Mark Zuckerberg, Warren Buffett and Larry Ellison - saw their wealth grow by a total of $75.5 billion, or 19%, the report found.


    CEO of Facebook, Mark Zuckerberg +6 Amazon founder Jeff Bezos +6

    Facebook's Mark Zuckerberg's wealth increased by $25 billion, according to the report, while Amazon's Jeff Bezos (right) made a gain of $34.6 billion





    Elon Musk had among the largest percentage gain of billionaires during the two months, after his net worth jumped by 48% in the two months to $36 billion +6

    The report, carried out by Americans for Tax Fairness and the Institute for Policy Studies' Program for Inequality, used Forbes data for over 600 billionaires in America.

    Facebook's Mark Zuckerberg's wealth increased by $25 billion, according to the report, while Amazon's Jeff Bezos made a gain of $34.6 billion.

    Elon Musk had among the largest percentage gain of billionaires during the two months, after his net worth jumped by 48% in the two months to $36 billion.

    Between March 18 and May 19, the total net worth of the 600-plus U.S. billionaires rose from $2.948 trillion to $3.382 trillion.


    Between March 18 and May 19, the total net worth of the 600-plus U.S. billionaires rose from $2.948 trillion to $3.382 trillion. Bill Gates pictured, left, and Warren Buffett, right


    Facebook's Mark Zuckerberg's wealth increased by $25 billion, according to the report, while Amazon's Jeff Bezos made a gain of $34.6 billion






    In March, there were 614 billionaires on the Forbes list. There are 630 two months later, including newcomer Kanye West at $1.3 billion, the report found.
    The increase in wealth for America's billionaires highlights how the coronavirus has profited big, largely tech-based companies while the rest of the economy has struggled.

    At least 2.4 million Americans filed new claims for jobless benefits last week, bringing the total number of people out of work during the pandemic to more than 38.6 million.

    The new figure released by the Labor Department on Thursday is the latest wave of layoffs from the viral outbreak that triggered widespread business shutdowns two months ago and sent the economy into a deep recession.

    An additional 2.2 million people sought aid under a new federal program for self-employed, contractor and gig workers, who are now eligible for jobless aid for the first time. These figures aren't adjusted for seasonal variations, so the government doesn't include them in the overall number of applications.

    Economists had been predicting that the latest weekly jobless figures would bring the total to 40 million claims over the past two months.
    The pace of layoffs has now declined for seven straight weeks. Claims have been gradually declining since hitting a record 6.867 million in the week ending March 28.

    By historical standards, though, the latest number of weekly applications from the week ending May 15 remains immense.

    America's billonaires got $484billion RICHER during the pandemic - with the top five seeing a combined $76billion added to their personal wealth - STATIONGOSSIP

  2. #27
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    Washington Post Calls Out Jeff Bezos’ Charitable Giving: Like the Average American Family Donating $85
    Jun 4th, 2020

    All the money in the world apparently can’t buy you favorable press in your own paper.

    On Thursday, the Washington Post took a shot at its owner, Amazon chief Jeff Bezos, by calling attention to his charitable giving — or relative lack thereof. In a feature for the Post’s style section examining the charitable contributions of 50 of the richest Americans, writers Roxanne Roberts and Will Hobson reported that their publicly announced donations since the Covid-19 outbreak add up to less than .001 percent of their combined worth.

    Using the figure of $97,300 as the median net worth of the average American household, the Post’s study found that Bezos has given the equivalent of less than a hundred bucks.

    From the report:

    Amazon’s Jeff Bezos, the wealthiest man in the world with a fortune of $143 billion and who is also the owner of The Washington Post, gave $100 million to Feeding America and up to $25 million for All in WA, a statewide relief effort in Washington. For the median American, Bezos’ giving is the equivalent of donating $85. His aerospace company, Blue Origin, pledged to 3-D print face shields for front line workers but did not disclose the value of that contribution.
    A recent study (via CNBC) found that Bezos has made $34.6 billion during the pandemic. This while Amazon recently cut $2 per hour hazard pay it had been giving its frontline workers.

    https://www.mediaite.com/print/washington-post-calls-out-jeff-bezos-charitable-giving-like-the-average-american-donating-85/

  3. #28
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    ^
    The hero of the Washington Post article...

    The evil, reptilian Bill Gates!!!
    We don't know how he's evil, but he's rich, so he must be evil.
    Because he's rich + evil he must also be a reptilian.


    Look at me. I'm totally getting on board this conspiracy wavelength. Ya just need to make up some logic to fit the 'facts'.
    Easyas.
    Dear Anti-vaxers: Enjoy your free trial.

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