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Defeat COVID-19, US Wealth Has Increased By Nearly 2.4 Trillion



( New York, 6th June 2020 ) Under the scourge of the coronary disease epidemic, for many people, not only their lives are threatened, but their lives are not easy, and their wallets have also lost a lot. However, not only has the US billionaire not been affected, but its wealth has increased significantly.


According to CNN News, the report of the American Think Tank Policy Institute pointed out that since March 18, the wealth of US billionaires has increased by US$565 billion (approximately RM2.4 trillion).


The report said that the total wealth of these billionaires now amounts to $3.5 trillion, an increase of 19% from the lows around the beginning of the pandemic. Among them, the net worth of Amazon founder Jeff Bezos is 36.2 billion more than March 18.


Since March 18, nearly 43 million Americans have applied for unemployment relief for the first time.


Under the impact of the epidemic, workers with lower incomes, especially the tourism and service industries, suffered particularly badly. Due to the impact of the epidemic, the gap between the rich and the poor in the United States has become even wider, and it has also contributed to the turmoil in the United States. Experts say that due to this crisis, the situation of inequality between rich and poor is likely to get worse.


**Info & Image are taken online

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