Billionaires added $4 trillion to their wealth
Business Insider reported that billionaires around the world have added $4 trillion to their wealth.
From March 18, 2020, to March 18, 2021, the world's billionaires added $4 trillion to their wealth, according to (IPS) -->Institute for Policy Studies
Business Insider said:
"That's a 54% increase for the world's 2,365 billionaires, who now have $12.39 trillion. The wealthiest 20 billionaires alone added $742 billion to their collective wealth during a pandemic — a 68% increase."
That kind of increase can prevent anyone from falling into poverty and pay for all the vaccinations in the world.
"People at the bottom could take up to a decade, with 200 million to 500 million people falling into poverty in 2020."
Jay-Z added 40 million to his net worth...
In addition to selling 50% of his champagne brand to LVMH, Jay-Z sold a majority stake of Tidal to Square. In the span of mere weeks, Jay-Z's net worth has jumped 40% up to $1.4 billion dollars.