An unprecedented 30 million Americans have unemployment benefits and the numbers are still growing, but the Covid 19 crisis is making the world’s billionaires richer than ever.
Amazon boss Jeff Bezos, already the world’s richest man with personal wealth somewhere in the region of $145 billion, is enjoying a sudden surge in his fortunes as more of us are shopping from home than ever.
Bezos, 56, started Amazon in his garage in 1994 and still owns 11% of the company’s shares. In February those shares were trading at $1,689. Last week they were changing hands for well over $2,000. Amazon has reported $75.5 billion in revenue for the first quarter of 2020. read from Source