Elon Musk is R1.1 trillion richer than at the start of the pandemic
Covid-19 has plunged millions of people back into extreme poverty.
The world’s richest people, however, are having a great pandemic.
Change in wealth during the Covid-19 pandemic
Jeff Bezos +R1.3 trillion ($73 billion)
Elon Musk +R1.1 trillion ($67 billion)
Mark Zuckerberg +R786 billion ($46 billion)
The United States’ 643 billionaires are collectively R14.5 trillion (US$845 billion) richer today than in March.
However, inequality is rife, even among billionaires.
Elon Musk, Jeff Bezos and Mark Zuckerberg – the top three gainers – took about 16% of the spoils, leaving the rest to the remaining 640 billionaires.
Musk is now worth about R1.6 trillion ($93,7 billion) making him, by far, the wealthiest person ever to be born and raised in Africa.
He continues to hold South African citizenship, along with being a citizen of the USA and Canada.
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