Richer

The Rich Got Richer During COVID-19 – Here’s How American Billionaires Performed

By Tyler Durden We’ve all been affected by the pandemic-induced mayhem of 2020. But, as Visual Capitalist’s Carmen Ang notes, when it comes to finances, some have fared far better than others. While job loss persists for Americans making less than $20 an hour, the rich have gotten richer. More specifically, the most wealthy American billionaires have…

The Rich Got Richer During COVID-19. Here's How American Billionaires Performed

We’ve all been affected by the pandemic-induced mayhem of 2020. But, as Visual Capitalist’s Carmen Ang notes, when it comes to finances, some have fared far better than others. While job loss persists for Americans making less than $20 an hour, the rich have gotten richer. More specifically, the most wealthy American billionaires have seen their net…

US Household Wealth Hits All-Time High As “Top 1%” Have Never Been Richer While Poor Drown In Debt

The Fed’s latest Flow of Funds report released at noon today showed the latest snapshot of the US “household” sector as of Sept 30 2020. What it showed is that one quarter after the biggest surge in household net worth on record when US household net worth jumped by $7.6 trillion to $119.0 trillion (which…