After the outbreak of coronavirus outbreak, billionaires in America got $484 enjoyed an increase of $484 billion in their wealth. According to the data reported from March to May, the wealthiest people of the country got wealthier.
Famous U.S. billionaires such as Mark Zuckerberg, Warren Buffet, Jeff Bezos and Larry Ellison faced a 19% rise in their wealth, which quantifies to an amount of $75.5 billion
Data of over 600 America’s billionaires was taken from Forbes in the research conducted by the Institute for Policy Studies’ and Americans for Tax Fairness.
Jeff Bezos benefited with an amount of $34.6 billion and Mark Zuckerberg gained $25 billion.
Elon Musk was the one to gain most out of this, with a 48% increase in his net worth.
In a short duration of two months, the consolidated worth of these billionaires increased to $3.382 trillion from $2.948 trillion.