Wealthiest Americans raking in billions from coronavirus pandemic: report




Yahoo Finance Daily show

Summary: As 30 million Americans have lost their jobs over the last six weeks amid the coronavirus pandemic, America’s billionaires are becoming even richer. According to a new report from the Institute for Policy Studies, a left-leaning think tank, over the past 6 weeks, American billionaires have seen their wealth increase by $406 billion — a boost of just under 14% to their net worth. An initial decline The global pandemic has impacted everyone’s pockets, regardless of income.