The bubbles just keep getting bigger.
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The Lede
Using data from the Institute for Policy Studies, Robert Lawrence put together a snapshot of the pre-pandemic and current wealth of the top 20 wealthiest billionaires in the US to see how much their net worth has ballooned over the last 19 months.
Key Details
- Pre-pandemic net worth was tallied in March, 2020, and was compared to the individuals' net worth as of October, 2021.
- More than half — 13 of 20 — of the world's richest individuals saw their net worth more than double during this time.
- Elon Musk had the highest individual net worth increase in this time and roughly accumulated $10 billion each month since the pandemic began.
Additional Thoughts
