HOW THE PANDEMIC BENEFITS THE WEALTHIEST PEOPLE IN THE WORLD

We look at the wealth of the richest people on earth pre and post the pandemic era

HOW THE PANDEMIC BENEFITS THE WEALTHIEST PEOPLE IN THE WORLD
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The means by which the figures on the United States wealthiest people within the year of the pandemic increased greatly is very interesting. Despite the deficits the pandemic is bound to create across board, it was a more of a money doubling affairs for them. Some people have even advocated that the government should tax them more.

But at reasonable margins, the US government spends so much money that increasing taxes on the wealthiest Americans fairly wouldn’t even make a difference. During the pandemic, United States is the only country that faces so much internal distruptions on covid-19 rules and regulations which causes the government to spend more.

But the country's and world wealthiest gain amazing wealth during the pandemic so much that their wealth has increased in some cases double of the initial figures before or going into  the pandemic.. Here are some figures to see for yourself.

Elon Musk’s wealth:
2020: $24.6 billion
2021: $151 billion

Jeff Bezos’ wealth: 
2020: $113 billion
2021: $177 billion

Mark Zuckerberg’s wealth:
2020: $54.7 billion
2021: $97 billion

Bill Gates’ wealth:
2020: $98 billion
2021: $124 billion

The 10% wealthiest americans hold 75% of US net worth. A one of Wealth Tax of only 5% would bring 3.75% of total US Wealth, thats a cool 4.6 Trillion Dollars or the total federal budget for a year. Other comparison: total Student debt is 1.4 Trillion. The wealthiest people investments have enjoyed huge return during the pandemic while a lot of smaller businesses and establishments have suffered in the process


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