/ Articles / Billionaires soar with new profits during pandemic

Billionaires soar with new profits during pandemic

Bezos, Amazon wealth heads toward unprecedented heights

June 05, 2020 by Richard Moore

With national unemployment claims surpassing 40 million, many if not most American households are suffering from the impact of coronavirus shutdowns, but at least one class of Americans has profited quite nicely: billionaires.

And, if the lockdowns permanently alter American life, necessitating a shift toward a more virtual existence, those billionaires, especially tech billionaires, stand to profit even more, as would vaccine investors, if an effective vaccine is developed and then ...

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