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demmiblue

(36,823 posts)
Sun Mar 14, 2021, 07:40 PM Mar 2021

Change in net worth, March 2020 to March 2021

Musk: +$118B
Bezos: +$58B
Page: +$33B
Brin: +$32B
Zuck: +$29B
Ellison: +$28B
Gates: +$24B
Ballmer: +$23B
Dell: +$18B

Meanwhile, millions of Americans are struggling to pay the bills.

It's a tale of two pandemics.



15 replies = new reply since forum marked as read
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Change in net worth, March 2020 to March 2021 (Original Post) demmiblue Mar 2021 OP
But a $15 minimum wage is "CLASS WARFARE!!!"... regnaD kciN Mar 2021 #1
TAX THIE FREAKING ASSES......... a kennedy Mar 2021 #2
I have yet to see a leading politician other than a Senator (or two) push this. WarGamer Mar 2021 #7
Sadly true. progressoid Mar 2021 #13
Rockefeller responded to that exact question with ... aggiesal Mar 2021 #8
More wealth for the wealthy. As intended. czarjak Mar 2021 #3
Don't forget... They also need more tax breaks and estate tax repeal. keithbvadu2 Mar 2021 #4
Omg! K&R Duppers Mar 2021 #5
that's 373 Billion Dollars in total WarGamer Mar 2021 #6
mostly from gains in stock valuations Celerity Mar 2021 #9
Yes, after the stock market fell off a cliff in March 2020 TexasBushwhacker Mar 2021 #10
Not really. WarGamer Mar 2021 #15
Keep digging. WarGamer Mar 2021 #14
I like this guy. Tommymac Mar 2021 #11
Some people seem to have pretty good years, financially. BobTheSubgenius Mar 2021 #12

WarGamer

(12,343 posts)
7. I have yet to see a leading politician other than a Senator (or two) push this.
Sun Mar 14, 2021, 09:27 PM
Mar 2021

Almost like politicians are afraid of taxing the rich.

5% One-Time Wealth Tax NOW and 1% annually forever... that's a start.

keithbvadu2

(36,653 posts)
4. Don't forget... They also need more tax breaks and estate tax repeal.
Sun Mar 14, 2021, 09:19 PM
Mar 2021

Don't forget...

They also need more tax breaks and estate tax repeal.

WarGamer

(12,343 posts)
6. that's 373 Billion Dollars in total
Sun Mar 14, 2021, 09:26 PM
Mar 2021

Where did that 373 Billion COME FROM to end up in their pockets?

Think about it.

TexasBushwhacker

(20,137 posts)
10. Yes, after the stock market fell off a cliff in March 2020
Sun Mar 14, 2021, 10:00 PM
Mar 2021

I love Robert Reich, and I certainly believe we need a wealth tax, but this is a bit misleading.

WarGamer

(12,343 posts)
15. Not really.
Mon Mar 15, 2021, 03:23 PM
Mar 2021

When a person deposits to their 401k each year... and the Employer matches...

Money goes into the pocket of Zuckerberg, Musk, Bezos and Gates.

Billionaires are the owners of the Casino. The House always wins and takes their cut.

WarGamer

(12,343 posts)
14. Keep digging.
Mon Mar 15, 2021, 03:19 PM
Mar 2021

Of course it came from the increase in the Stock Market.

That means people bought stock.

So... the Billionaires used money from the Middle Class to amass more wealth.

Make $60k/yr and your Employer cash matches your 401k? You just gave money to Jeff Bezos or Mark Zuckerberg.

BobTheSubgenius

(11,559 posts)
12. Some people seem to have pretty good years, financially.
Sun Mar 14, 2021, 10:39 PM
Mar 2021

It's almost f'ing criminal! For example, Musk's one-year tincrease in wealth, according to that list, is the equivalent of the average American income for roughly 30,000 years.

That's a hell of a year.

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