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.
Amazon founder and CEO Jeff BezosJeffrey (Jeff) Preston BezosShatner pushes back on Prince William over space flight comments Shatner says he was struck by 'fragility of this planet' on trip to space Prince William urges focus on saving planet instead of space travel 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 ZuckerbergEx-Facebook data scientist to testify before British lawmakers A defense for Facebook and global free speech Senate Democrat calls on Facebook to preserve documents related to whistleblower testimony MORE and Tesla founder and CEO Elon MuskElon Reeve MuskPrince William urges focus on saving planet instead of space travel Democrats' electric vehicle push sparks intense lobbying fight Blue Origin is taking William Shatner to space — but can it distract from internal criticism? 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.