Remember, any time you see this headline, they’re cherrypicking the date to after the richest men lost 50% of their wealth in the Stock collapse immediately after covid/lockdowns hit.
Ok, so … Biden’s economic policies are worse than Trump’s were?
This is a cherry picked headline based on the stockmarket crashing immediately after covid/lockdowns hit. Its a good thing that Biden’s economy has fully recovered since then. There was no guarantee that we wouldn’t be in a depression after the lockdowns. The fact that the economy and stock market are back to normal after covid is not a bad thing, despite the scary sounding headline.
You can even see the dip in Elon’s networth in 2020 in this chart lol If they had started 1 month earlier, Elons net worth would have only 3x instead they cherry picked a date after Elon’s networth had halved, so instead it 6x’ed.
"Morbidly Wealthy": The world’s five richest men have more than doubled their fortunes from $405b to $869b since 2020—at a rate of $14m/hr—while nearly five billion people have been made poorer ( sh.itjust.works )
Source: Oxfam