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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.

Click here for the data in the table above and for all billionaires (courtesy of Americans for Tax Fairness).

This article first appeared on CapeTalk : Elon Musk is R1.1 trillion richer than at the start of the pandemic

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