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Largest tech company CEOs made billions amid pandemic

Largest tech company CEOs made billions amid pandemic
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A handful of American billionaires have reportedly seen notable increases to their net worth during the coronavirus pandemic, which has caused over 38.6 million people in the country to lose their jobs.

The new finding comes from a report published on Thursday by Americans for Tax Fairness and the Institute for Policy Studies’ Program for Inequality.

The two groups examined the financial data that Forbes keeps on the country's billionaires, specifically looking at information collected from March 18 to May 19.

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Amazon founder and CEO Jeff BezosJeffrey (Jeff) Preston BezosBlue Origin takes one small step toward being a competitor to SpaceX Democrats question Amazon over reported interference of workers' rights to organize Hillicon Valley: Twitter lacked adequate cybersecurity protection ahead of July hacks, regulator says | Twitter, Facebook clamp down on New York Post article about Hunter Biden | YouTube bans COVID-19 vaccine misinformation MORE — already comfortably the richest man in the world before the pandemic — has seen his net worth grow 30.6 percent in the past two months, boosting it to $147.6 billion.

According to the analysis, which was first reported by CNBC, both Facebook CEO and founder Mark ZuckerbergMark Elliot ZuckerbergHillicon Valley: Five takeaways on new election interference from Iran, Russia | Schumer says briefing on Iranian election interference didn't convince him effort was meant to hurt Trump | Republicans on Senate panel subpoena Facebook, Twitter CEOs | Republicans on Senate panel subpoena Facebook, Twitter CEOs House Republicans urge Democrats to call hearing with tech CEOs MORE and Tesla founder and CEO Elon MuskElon Reeve MuskBlue Origin takes one small step toward being a competitor to SpaceX Virgin Hyperloop to build new certification center in West Virginia SpaceX awarded contract to build US military tracking satellites MORE saw their net worths increase by nearly half. Zuckerberg's rose 46.2 percent to $80 billion, while Musk's jumped 48 percent to $36.4 billion.

Bezos, Zuckerberg, Bill Gates, Warren Buffett and Larry Ellison — the five richest Americans — saw a combined wealth increase of $76 billion dollars.

America's billionaires have allegedly seen their collective net worth increase 15 percent during the pandemic, going from $2.948 trillion to $3.382 trillion.