Oxfam America: The combined wealth of American billionaires has increased by almost a third since 2020

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Since the start of the coronavirus pandemic, the combined wealth of US billionaires has increased by almost a third. Since 2020, this figure has grown by 86.3% compared to 2013 to $4.51 trillion. reported on the website of the nonprofit organization (NPO) Oxfam America.

This dynamic creates a growing inequality between the richest and poorest people in the United States. The material states that the coronavirus pandemic has led to even greater social stratification of American citizens (in terms of income).

“The total wealth of billionaires in the United States has increased by almost a third since the start of the pandemic, and by 86.3% since 2013, to $4.51 trillion. In general, the number of billionaires living in the United States has increased by almost 60% over the past decade, exceeding 700 people, ”says the article.

At the same time, there is a large stratum of workers earning less than $15 an hour in the United States. NPO analysts attributed almost a third of all American workers and 50% of women of color to representatives of the “permanent lower class” of US residents. The article concludes that all these factors only increase the gap between the richest and poorest citizens.

March 30, American entrepreneur and billionaire Elon Musk declarationBecause this decision was provoked by the harsh policy of the USA, some countries decided to abandon the dollar as a reserve currency. The businessman considered such dynamics “a serious problem”.

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