You’ve lost a lot of money since January. You’re probably more broke than you’d ever expected to be in your adult life.
The Daily Stormer has a hard doctrine that the economy is a zero sum game.
So where has all your money gone?
Well, you know where it’s gone.
Jeff Bezos was already the world’s richest man. Now his net worth has skyrocketed once again, setting another new record.
On Wednesday, the Amazon CEO’s wealth reached an estimated $202 billion, according to the Bloomberg Billionaires index, as the company’s shares soared. That’s up about $87 billion since January.
The explosive growth in Bezos’ fortune is being driven by his holdings in Amazon. The company’s stock is up about 25% over the last three months and 86% so far this year, according to data from Refinitiv.
Bezos, who founded Amazon in 1994, keeps breaking records with his wealth. In 2017, he became the richest person on the planet. And last month, his estimated net worth jumped to almost $172 billion, marking a new global high.
The billionaire isn’t alone — other tech tycoons have been getting much wealthier throughout the pandemic as demand for their companies’ goods and services continue to grow.
Earlier this month, Facebook CEO Mark Zuckerberg was dubbed a “centibillionaire,” as his wealth surpassed $100 billion. Tesla CEO Elon Musk, with a net worth of $96 billion, is close to achieving that extraordinary status. Microsoft founder Bill Gates has already made it.
And Apple CEO Tim Cook also became a billionaire recently as shares of his company — now the world’s most valuable — have soared. Cook is a rare example of an executive who didn’t help found their company breaking into the ranks of the super rich.
Just so you understand:
- The government told you you couldn’t work
- You had to go on government assistance
- Virtually all small businesses were destroyed
- All that money went to billionaires
There are two options here: either they created a virus hoax and it accidentally caused virtually all of the wealth of the middle class to be transferred to billionaires, or they created a virus hoax and this wealth transfer happened on purpose.
You can decide which you think happened.
From where I’m sitting, it looks like it was probably on purpose.