Wealth of US billionaires rises by nearly a third during pandemic

Report includes Jeff Bezos, whose personal fortune has risen by 65% since 18 March

The already vast fortunes of America’s 643 billionaires have soared by an average of 29% since the start of the coronavirus pandemic, which has at the same time laid waste to tens of millions of jobs around the world.

The richest of the superrich have benefited by $845bn , according to a report by a US progressive thinktank, the Institute for Policy Studies.

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