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BLM founder defrauds Organization and goes on a Home buying spree


imaGoodBoyNow

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On 4/22/2021 at 10:32 AM, imaGoodBoyNow said:

BLM POS.....They are avowed Marxists and could care less about Blacks..

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On 5/2/2021 at 9:59 AM, DBP66 said:

what % of the total wealth in the U.S. do the top 1% own?....🤡

So who's fault is that? 🤡

America’s richest boosted their fortunes by $195 billion in Biden’s first 100 days – media

2 May, 2021 08:36
 
America’s richest boosted their fortunes by $195 billion in Biden’s first 100 days – media
FILE PHOTO: A mask depicting Amazon founder Jeff Bezos © Reuters / Michele Tantussi
 
US President Joe Biden wants the wealthiest Americans to pay their fair share of taxes, but it turns out they have become one of the main beneficiaries of his presidency.

The combined net worth of the top 100 ultra-rich people in the US has skyrocketed by $195 billion since Biden took office, according to Bloomberg’s calculations. From his election to his inauguration, they added $267 billion to their fortunes, bringing their total gain to $461 billion since November 4. 

 

The gains are largely based on enormous stimulus measures to help the economy mitigate the coronavirus crisis, which resulted in a stock market rally. In addition to the trillions-worth of measures agreed by Trump, Biden approved another $1.9 trillion stimulus package. That gave another boost to stocks, with the S&P 500 and Dow Jones indices jumping around 10% since Biden’s inauguration.

Heads of tech and e-commerce giants such as Amazon and Facebook were the biggest winners, both at the height of the pandemic and during the latest rally in the stock market. American billionaires’ collective net worth has surged by 55% over the past 13 months, hitting $4.56 trillion, according to a report by the Institute for Policy Studies and Americans for Tax Fairness.

🤑

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