Most Popular Choices
Share on Facebook 38 Printer Friendly Page More Sharing Summarizing
Best Web OpEds    H3'ed 4/5/21

Pandemic Profiteers: How U.S. Billionaires Like Amazon's Jeff Bezos Saw Wealth Grow by $1.3 Trillion

Quicklink Submitted By   No comments

Al Hirschfield
Message Al Hirschfield
Become a Fan
  (3 fans)

A new report reveals that as a record number of people in the United States lost their jobs and struggled to put food on the table during the past year of the pandemic, the combined wealth of the 657 billionaires in the country grew more than $1.3 trillion, nearly 45%, including Amazon CEO Jeff Bezos, who saw his personal wealth increase by $65 billion — more than $7 million every hour. “They are often leading companies who have benefited from the pandemic conditions by having, essentially, their competition shut down,” says Chuck Collins, author of the report on pandemic profiteers by the Institute for Policy Studies and Americans for Tax Fairness. 

From live.staticflickr.com: Jeff Bezos
Jeff Bezos
(Image by MarkGregory007 from flickr)
  Details   DMCA

Read the rest of the story HERE:

At www.democracynow.org
Rate It | View Ratings

Al Hirschfield Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

A rapidly aging boy from NJ, with a somewhat radical political bent, who, after quite some time, seems to finally (in the truest sense of the word) be getting it together... Om Sai Ram

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter

Name
Email
   (Opens new browser window)
 

To View Comments or Join the Conversation:

Tell A Friend