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RE: FACT CHECK THIS: The COVID19 Pandemic Created The Fastest & Largest Wealth Transfer in Human History

in Crowd Facts3 years ago

(Reuters) - LONDON, Dec 7 (Reuters) - According to a report released on Tuesday, the percentage of household wealth owned by billionaires has increased to an all-time high during the epidemic, with millionaires also benefiting from COVID-19.

According to the World Inequality Report, which was prepared by a network of social experts, billionaires possess 3.5 percent of worldwide household wealth this year, up from slightly more than 2% at the start of the epidemic in early 2020.

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