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These Billionaires Wealth Increase During Pandemic

While most of humanity faced a financial crisis in the Pandemic, despite race, religion, and nationality. Some of the wealthy people made history by multiplying their wealth to many folds during the pandemic. Some of the billionaires’ wealth increase in Coronavirus and they made history.

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These days everyone is worried about their economic future, even the governments are jittery about the economic situation and are unable to sustain economic justice for their own people, some of the billionaires did very well not only to sustain but also increase the wealth by many folds.

Here is the list of the top achievers whose wealth increases by many billion dollars in Coronavirus.

Jeff Bezos
Elon Musk
Bernard Arnault
Bill Gates
Mark Zukerberg
Larry Page
Warren Buffett
Larry Ellison
Sergey Brin
Amancio Ortega

Jeff Bezos

A well known American personality who owns Amazon.com, one of the largest online retailers in the world. Jeff’s wealth rocket by $70 billion since March 2020 and now he stands at $186bn at the time of the writing by Bloomberg Billionaires index. His empire got more attention during the pandemic when people were stuck in the houses and looking for entertainment at home. His companies did well in lockdown situations. Amazon was one of the few companies in the world that hired more people while other companies were terminating their employees to avoid any financial losses caused by the Coronavirus.

Elon Musk

He is now the second richest in the world. His wealth has tripled in 2020 by adding up to $132bn which resulted in $160bn at the time of the writing of this article. He is the founder and the CEO of Tesla and Space x. This triple magic happened after the news that Tesla shares will be added to the S&P 500. This news was a piece of really good news for Tesla’s shares, which made the company’s market value above $500bn and boosted the value of Musk’s holdings.

Bill Gates

He is at 3rd position in the billionaire’s index. His wealth is increased by $17bn during 2020. He was the richest man on the earth for many years. He is the co-founder of Microsoft Corporation, one of the most reputable tech brands in the world. In February 2014, he stepped down as the chairman of Microsoft for focusing on his philanthropic activities. His investment is diverse in different companies. He is a major investor in well-known, publicly listed American companies such as Coca-Cola, Wells Fargo, Delta Air Lines, and Apple.

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Bernard Arnault

A French billionaire. He is the chairman and chief executive of LVMH a well-known expensive consumer brand. His company is famous for its very expensive brand Louis Vuitton. Bernard’s empire is established on six pillars Fashion, Alcohol, Perfumes, Cosmetics, Watches, and Jewelry. He gained $4.5bn in his net worth during the pandemic and his net worth of $110bn stands him at 4th position in the billionaire’s index.

Mark Zukerberg

A college guy is now the 5th richest in the world. His wealth is increased by $23bn and crossed a $100bn benchmark. He founded Facebook and still owns more than 375 million shares of Facebook, which made him the richest in the world. Despite Facebook, he also invests in real estate which is a well-known source of making money in the USA.

Larry Page

The co-founder of Google has also watched an increase in his wealth by $17bn during 2020.

Steve Ballmer

Steve also witnessed an increase in his wealth by $22bn in this financial year. He is the current owner of the Los Angeles Clippers of the National Basketball Association (NBA). He has also served as the CEO of Microsoft and left the company in 2014.

The other billionaires who played pretty well during the pandemic were Sergey Brin, Larry Ellison, Amancio Ortega, and Mukesh Ambani, who saw significant increases in their wealth.

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