American Billionaires Added $1.62 Trillion To Their Wealth Over The Last 13 Months

Tesla CEO Elon Musk. Win McNamee/Getty Images From March 2020 to April 2021, America's billionaires added $1.62 trillion to their wealth. A new report from IPS/ATF tracks how much billionaires have gained during the pandemic. These gains could signal that inequality keeps increasing during the pandemic. See more stories on Insider's business page. Over the last 13 months, American billionaires added $1.62 trillion to their wealth - a 55% increase.This was a finding in the latest report from the left-leaning Institute for Policy Studies (IPS) and Americans for Tax Fairness (ATF).

BING NEWS:
  • Record-Breaking Wealth! 15 Billionaires Now Worth Over USD 100 Billion Each
    The world's elite club of billionaires has expanded to unprecedented levels, now boasting 15 members with fortunes exceeding USD 100 billion each. Riding the waves of artificial intelligence, luxury ...
    05/17/2024 - 2:00 am | View Link
  • Is There Too Much Inequality In America? | Opinion
    This is as addressable as it is insane: merely redistributing 1 percent of the richest Americans' wealth—many billions of dollars—could alleviate tremendous human suffering.
    05/14/2024 - 12:00 am | View Link
  • Ranked: 30 of the world's biggest inheritances
    Discover the people who have been left with some of the largest inheritances in history, from the Vanderbilt dynasty to the richest woman in the world today.
    05/13/2024 - 11:36 pm | View Link
  • Private Foreign Buyers of US Treasuries Set to Top Central Banks
    For the first time on record, private investors overseas are poised to overtake foreign central banks as the second-largest holder of US government debt.Most Read from BloombergTrump Vows ‘Day One’ ...
    05/13/2024 - 11:01 pm | View Link
  • Foreign Private Investors Set to Top Central Bank Bond Buying
    For the first time on record, private investors overseas are poised to overtake foreign central banks as the second-largest holder of US government debt.Most Read from BloombergTrump Vows ‘Day One’ Ex ...
    05/13/2024 - 7:00 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News