Billionaire wealth reaches new high during COVID-19 pandemic - UBS

FILE PHOTO: Gold U.S. dollar bullion coins are seen in this photo illustration taken in Moscow, Russia, August 4, 2017. Picture taken August 4, 2017. REUTERS/Maxim Shemetov/Illustration/File Photo

The report, covering over 2,000 billionaires representing some 98% of the cohort’s total wealth, found billionaire wealth grew by more than a quarter during the early months of the pandemic to reach $10.2 trillion in July, breaking the previous record of $8.9 trillion at the end of 2019. Between April 7 and July 31 this year, billionaires across every industry covered by the study saw their wealth rise by double digits, with billionaires in the technology, healthcare and industrial sectors leading the pack with 36%-44% gains.

We die, they thrive.

Isn't it clear now that money, that figment of human imagination, had its day. Time to invent something better. How about 'usefulness token'?

Of course it did. They stole billions from Americans in relief they didn't need while everyone else suffered, lost their homes and/or jobs, or died.

Yeah Dr 77u*do you 11,918 q99og6 h Mcdonald loot ('k

WaPo,06/20, “the nation’s 50 wealthiest people & families, who have a collective net worth of nearly $1.6 trillion, found that their publicly announced donations toward covid-19 relief efforts amount to about $1 billion, which is less than 0.1% of their vast personal wealth.”

Nothing to see here according to federalreserve......

Finally, something that isn't fakenews. Many of the biggest billionaires are behind all this, then there is the trillionaire families like the Rothschilds that are behind them. Big money is behind all this, ain't many poor arch villains out there. They fund enemies to control us

Disaster capitalism at its best/worst

Productive material for conspiracy theorists.

Eat the rich.

We’re gonna have to eat them lads, before they get their robot armies

Nice picture you guys added... Message = Wealth preservation through physical gold & silver

Congrats! federalreserve

Eat the fucking rich

Duh... why would anything be dif in a time of crises. Normal folk think how am i gonna come thru this month wealthy on the other hand think lets not waist a good crises.

Every billionaire is a policy failure. TaxTheRich

K recovery

Because the working class is always in lock down mode~

The rich get richer. Poor get poorer.

Surprised? Thats why these billionaires want socialism. The rich get to exploit more of the poor and take much more from the middle class. Socialism is wealth shifting and the Billionaires get much more.

Are you an Investor and really confused how to Invest in Stocks, So you're in the Perfect Place....

One asks, “ Who stands to benefit from this pandemic?” 🤔

The Reverse Robin Hood is strong with modern society. TaxTheRich

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