American billionaires are enjoying multi-million dollar increases to their net worth as the country’s unemployment levels rise to record highs amid the coronavirus lockdowns
Eight ‘pandemic profiteers’ have seen their net worth surge by over $1billion each since the start of the global pandemic.
Amazon founder Jeff Bezos, 56, has added $25billion to his own wealth since January 1, 2020, as the company’s staff protest their poor working conditions and he makes a return to the company’s day-to-day running.
According to a report from the Institute for Policy Studies, American billionaires added $282billion – nearly a ten percent increase – to their combined wealth between March 18 and April 10, as the U.S. unemployment rate approached 15 percent.
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