By May 2022, his net worth had surged to $255 billion. On March 18, 2020, Elon Musk had wealth valued just under $25 billion. Tracking the fortunes of some of the wealthiest billionaires: Last May, that gain had declined to $1.7 trillion. The 745 billionaires had a combined $5.1 trillion, a gain of $2.1 trillion, more than 70 percent over pre-pandemic assets. billionaire wealth hit a high-water mark. billionaire wealth prior to the pandemic was just under $3 trillion.Ī year ago, at the end of October 2021, U.S. While some billionaires have seen wealth evaporate, their combined assets are still 50 percent higher than March 18, 2020.Īs of Monday, November 21, there are 728 billionaires with combined wealth of $4.48 trillion, an increase of $1.5 trillion compared to mid-March 2020, drawing on Forbes’ billionaire database. Here at we occasionally take a snapshot to see how the U.S. US billionaires have seen their wealth gains roll up and down over the last year. Novemupdate Billionaire Wealth Slips, But Still 50 Percent Gain Since Pandemic Start billionaire wealth - one of the most disturbing signs of inequality during a crisis that has devastated ordinary families. Since the beginning of the pandemic, the Institute for Policy Studies has tracked the explosive growth of U.S.
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