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Ten of the world’s richest people increase wealth by more than $450 billion during coronavirus pandemic

Ten of the richest people in the world have increased their vast wealth by more than $400bn during the coronavirus pandemic, new figures show.

The extra wealth accumulated by the 10 men – around $450bn – since the coronavirus pandemic began, has come as a result of social restrictions as people were trapped at home, and governments turned their attention towards more environmental power supplies.

As the public have been forced to order Christmas presents online after non-essential retailers closed for months, Jeff Bezos, the founder and chief executive of Amazon, has watched his wealth rocket by $70bn since March, according to The Guardian.

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He is now worth a reported $185bn as hundreds of millions of people stuck at home turned to the online delivery giant to keep themselves fed and entertained.

Other members of the super-rich elite who have seen huge financial benefits during the crisis include: Elon Musk, the founder of Tesla; Bernard Arnault, the French billionaire who owns most of luxury brand portfolio LVMH; Facebook’s Mark Zuckerberg; and Google’s Larry Page.

Read more: Independent

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