Billionaires Are Getting Richer During The COVID-19 Pandemic While Most Americans Suffer [Forbes]
Amazon.com, Inc. (AMZN)
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Source: Forbes
Getty are not in the same boat with the rest of us, as we try to navigate the treacherous currents of the COVID-19 pandemic. They’re smoothly sailing in luxury yachts, while most Americans are doing the doggy paddle, treading water and just trying to stay afloat.According to the Institute for Studiesbillionaire wealth has boomed, while over26 million people have filed for unemploymentsince mid-March. The percentage of taxes paid by billionaires has fallen 79% since 1980. From the start of March to now, the group ofbillionaires’ total wealth has increased by $308 billion. boast a combined net worth of $3.229 trillion and their collective wealth skyrocketed up 1,130% between 1990 and 2020.As of April 15, Amazon founder and CEO Jeff Bezos' already incredible wealth soared an additional $25 billion during the pandemic—after being down for a bit during the early days of the outbreak and the stock market’s initial free fall. Eric Yuan, the founder and CEO of Zoom, the now ubiquitous onlin
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AMZN
Earnings
- 10/30/25 - Beat
AMZN
Sec Filings
- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form 4
- AMZN's page on the SEC website