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US billionaires got $1 trillion richer during Corona
by Jakob Reimann and Bernd Hontschik
A recent study by the Institute for Policy Studies determined that the 647 billionaires in the USA have been able to increase their assets by $960 billion since the beginning of the corona crisis in mid-March by the cut-off date of November 17. A few hundred super-rich Americans* have thus increased their private wealth in eight months by the same amount as 93 countries together generate in a whole year.
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