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RSS FeedsREICH: Billionaires Are Profiting From A Pandemic
(World News USA)

 
 

13 august 2020 16:49:05

 
REICH: Billionaires Are Profiting From A Pandemic
(World News USA)
 


Since the start of the pandemic, American billionaires have been cleaning up. As more than 50 million Americans filed for unemployment insurance, billionaires became $637 billion richer. Facebook CEO Mark Zuckerberg`s wealth has ballooned by 59 percent. Amazon CEO Jeff Bezos` wealth has increased by 39 percent. Walmart`s Walton family has added $25 billion. Big drug company CEOs and their major investors are doing nicely, too. Since the start of the pandemic, Big Pharma has raised prices on 245 prescription drugs, 61 of which are being used to treat COVID-19. Apologists say this is the “free market” responding to supply and demand — the barons of Big Tech, online retail and Big Pharma merely...


 
22 viewsCategory: General > North America > USA
 
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