Bezos, Musk Smash Records as World’s Richest Added $1.8 Trillion
With 25 individuals now worth more than $50 billion, inequality and deficits are leading to calls for wealth taxes.
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Billionaires have always traveled in a different orbit than the rest of us. Nicer things, more power, rocket-launching stations. But 2020 threw that gulf into stark relief.
While much of the world grappled with soaring unemployment and plunging growth, the 0.001% benefited from unprecedented wealth creation.