The methodology of this analysis has been favorably reviewed by PolitiFact. One of her latest hits was in 'El Camino Christmas.' Since March 18, over 40.7 million people have filed for unemployment according to the Bureau of Labor Statistics. He also sued a company for using his name to promote an erectile dysfunction treatment. Born on October 19, 1959 in United States of America, Chuck Collins started his career as Writer . Millions of these people have lost their health insurance that was linked to their jobs. This is not normal or predetermined by any means. This year Forbes reported that total U.S. billionaire wealth had declined from its 2019 levels, from $3.111 trillion down to $2.947 trillion. Between March 18, 2020 and May 4, 2022, the following increases in wealth have occurred: Total U.S. billionaire pandemic wealth gains are down slightly from their peak because of market losses in recent months. Billionaire wealth is twice the amount of wealth held by the bottom 50 percent of households combined, roughly 160 million people. Between March 18 and August 5, 2020, the total wealth of U.S. billionaires went up $685 billion (including those that have lost funds), based on an analysis of Forbes data. Blacks and Latinos are far more likely to become infected with Covid-19 and to die from the disease. He has a net worth of $350 million making him one of the richest rock stars in the world. A couple of years ago, he unsuccessfully sued CBS and Sony for $30 million, arguing that he was entitled to 23% of the profits from Walker, Texas Ranger. Forbes annual billionaires report was published March 18, 2020, and the real-time data was collected Sept. 15 from the Forbes website. Chuck Collins of the Institute for Policy Studies notes U.S. billionaires rebounded quickly from the economic collapse earlier this year. They captured 17.4% of the total wealth growth of all 600-plus billionaires in the last three months. The stock market surge and lock-down economy have been a boon to tech monopolies and helped create four U.S. centi-billionaires. Jeff Bezos, Elon Musk, Bill Gates and Mark Zuckerberg are now each worth more than $100 billion. Jeff Bezos saw his wealth rise from $113 billion to $150 billion between March 18, 2020 and May 4, 2022. Between March 18and July 23, U.S. billionaire total wealth has increased over $755 billion, an increase of 25.6 percent. July 27, 2021 Total U.S. billionaire wealth has increased over $970 billion since March 18, 2020, an increase of 32.9 percent over 24 weeks. Since March 18, the date Forbes released its annual report on billionaires wealth, the U.S. added 29 more billionaires, increasing from 614 to 643. So, how much is Chuck Collins networth at the age of 61 years old? Over 28 million have fallen ill with the virus and more than half a million have died from it. Hedge-fund manager William Ackman and Google Adding in his ex-wife MacKenzie Scotts wealth of $65.7 billion on that day and the two had a combined wealth of more than a quarter of a trillion dollars thanks to their Amazon stock. He was involved in social change, including Earth Day 1970. By October 8th, their wealth has surged to $3.8 trillion ($3.798 billion to be exact). Never before has America seen such an accumulation of wealth in so few hands, said Frank Clemente, executive director of Americans for Tax Fairness. Over these same weeks, U.S. billionaires saw their wealth increase $406 billion, an increase in 13.8 percent increase. Some Interesting Facts You Need To Know See below for additional details on the trajectory of U.S. billionaire wealth during the pandemic. Steve Ballmer, a major owner of Microsoft and its TEAMS video conferencing, has seen his wealth increase by $22 billion since March 18, an increase of 43.4 percent. They recommend that Billionaires Income Tax (BIT) legislation under development by Sen. Ron Wyden, chairman of the Finance Committee be included in final BBB legislation. Chuck Collinss income source is mostly from being a This date also marks the beginning of the pandemic lockdown in many states, the first unemployment filings over 6 million, and the beginning of Federal Reserve actions to stabilize the economy. He was nominated for an Emmy for this role in 2021 -- This is an estimated increase of $1.5 trillion during the pandemic looking at both UBS and Forbes billionaire data from 2019. 21 and Dec. 26, 2020. Kye Kelley's net worth - $500,000 Kye Kelley's net worth in 2022 is estimated at $500,000. President Biden wouldend those special breakson the wealth-growth income of millionaires and billionaires as part of his tax-reform package. Dean Koontz Net Worth $145 Million. He is also a businessman as he has started many ventures till now. Among its provisions: All of the above data is available in one table here. Mark Zuckerbergs wealth grew from $54.7 billion on March 18 to $101 billion on Oct. 13, an increase of 85 percent, fueled by his Facebook stock. As of the market close on Friday, February 19, the countrys 664 billionaires now have combined wealth of $4.3 trillion, up from just under $3 trillion on March 18, 2020. The answer starts with creating a fair share tax system that narrows obscene wealth gaps and raises the trillions of dollars needed to address the present emergency and invest in our families and communities over the long-term., The billionaire economy has been turbocharged by policymakers who are now stalling on relief for the real economy, said Chuck Collins, director of the Institute for Policy Studies Program on Inequality and co-author of the report Billionaire Bonanza 2020. The difference is stark between profits for billionaires and the widespread economic misery in our nation. Over the same 12 weeks, over 44.1 million Americans have filed for unemployment and over 110,000 have died from COVID-19. Billionaires are overwhelmingly white men. The COVID-19 pandemic has killed over 220,000 Americans and destroyed the health, wealth and livelihood of millions of households. Between March 18 and May 19, the total net worth of the 600-plus U.S. billionaires rose from $2.948 trillion to $3.382 trillion. The stock market surge and lock-down economy have been a boon to tech monopolies and helped create multiple U.S. centi-billionaires. Jeff Bezos, Elon Musk, and Bill Gates were each worth more than $100 billion on Feb. 19 (and Mark Zuckerberg was close, at almost $96 billion). Business Insider did four different stories, including: 9 mind-blowing facts about Americas richest people. We look forward to working with him and Congress to deliver on that mandate by taxing the massive wealth of these billionaires., The updraft of wealth to the billionaire class is disturbing at a time when millions face eviction, destitution, and loss, said Chuck Collins of the Institute for Policy Studies and co-author of Billionaire Bonanza 2020, a report looking at pandemic profiteering and billionaire wealth. Nike head Phil Knight has nearly doubled his fortune from $29.5 billion to almost $58 billion. Billionaire wealth has steadily increased since 1990, but one-third of their wealth gains have occurred during the pandemic. Due to one of the codes biggest loopholes, increased wealth enjoyed by billionaires and other members of the richest 1 percentfor whom such wealth growth is the primary source of incomecan go untaxed forever. 18, 2020 to Jan 29, 2021 ($ Millions) % Billionaire wealth has steadily increased Collins is the great-grandson of German-born meatpacker Oscar F. Mayer (founder of the Oscar Mayer food corporation), and is the grandson of the American pianist and composer Edward Joseph Collins. This doesnt include millions more who have applied for help as self-employed workers. The number of U.S. citizens filing for unemployment increased to 38.6 million since March 18, according to the Bureau of Labor Statistics. So, how much is Chuck Collins networth at the age of 61 years old? Between March 18the rough start date of the pandemic shutdown, when most federal and state economic restrictions were in placeand Sept. 15, the total net worth of the nations billionaires rose from $2.95 trillion to $3.8 trillion (see table below and this spreadsheet of all billionaires). The top five billionairesJeff Bezos, Bill Gates, Mark Zuckerberg, Warren Buffett and Larry Ellisonsaw their wealth grow by a total of $101.7 billion, or 26%. With only two weeks until a national election, the unseemly juxtaposition between the fortunes of U.S. billionaires and the dire conditions of millions of working families could not be more striking. At $4.1 trillion, the total wealth of Americas 660 billionaires is two-thirds higher than the $2.4 trillion in total wealth held by the bottom half of the population, 165 million Americans. This unprecedented It will be assessed annually on tradable assets, such as stocks, where the value of the asset is known at the beginning and end of the year. But within weeks, our Billionaire Bonanza 2020 report found these losses were erased. Unemployment is rising again as many businesses are being shuttered, some permanently. March 18 was also the date that Forbes picked to measure billionaire wealth for the 2020 edition of its annual billionaires report, which provided a baseline that ATF and IPS compare periodically with real-time data from the Forbes website. Even with a decline in markets, Elon Musks wealth increased $3.5 billion in the last week, since May 6. [, 18 million were collecting unemployment on Jan. 30, 2021. The ATF-IPS analysis also looks at wealth growth since February 2019, well before the start of the pandemic and the previous date of Forbes annual billionaires report. The increasing dependence of online financial services and telemedicine have boosted some fortunes. March 18 marks the beginning of national pandemic lockdowns and the publication of Forbes annual global billionaire survey. Thats because the current tax code is riddled with loopholes and special breaks that allow the super wealthy to avoid paying their fair share of taxes. The total combined wealth of U.S. billionaires increased from $2.9 trillion on March 18, 2020 to $4.7 trillion on July 9, 2021. The data in the table above and for all billionaires is available here. At age 7, he witnessed the 1967 Detroit riots and became concerned about inequality. 7 Paul Reiser Has A Net Worth Of $75 Million Paul Reiser starred in two seasons of Chuck Lorre's critically acclaimed Netflix comedy The Kominsky Method. This troubling juxtaposition underscores the story of unequal loss and sacrifice during the worst pandemic in a century. The ATF-IPS analysis also looks at wealth growth since February 2019the date of Forbes immediately previous annual billionaires report published well before the start of the pandemic and resulting market gyrations. The collective wealth of all U.S. billionaires has increased over $1.1 trillion since mid-March 2020, a nearly 40% leap during the past 10 months of national emergency. Of this group, 29 billionaires have seen their wealth double since March 2020. August 17, 2021 data: Forbes, The Worlds Real-Time Billionaires, Todays Winners and Losers, accessed August 17, 2021. Combined U.S. billionaire wealth prior to the pandemic was just under $3 trillion. WebInsiders trading at Luminex Corp. Over the last 20 years, insiders at Luminex Corp have traded over $55,627,864 worth of Luminex Corp stock and bought 685,936 units worth The $5 trillion in wealth now held by 745 billionaires is two-thirds more than the $3 trillion in wealth held by the bottom 50 percent of U.S. households estimated by the Federal Reserve Board. The surge in billionaire wealth during a global pandemic underscores the grotesque nature of unequal sacrifice. In 1990, the situation was reversed billionaires were worth $240 billion and the bottom 50 percent had. Half a year into a paralyzing pandemic that has cost millions of Americans their livelihoods and lives, Americas billionaires have reached a startling milestone of wealth accumulation even as special federal relief is drying up for millions of unemployed workers and for hard-pressed state and local governments struggling to provide vital services. And he gave it away anonymously. Phil Collins is estimated to be worth an eye-watering $300 million (218 million) in 2021. March 18, 2020 data: Forbes, Forbes Publishes 34th Annual List Of Global Billionaires, March 18, 2020. [, 12 million workers have likely lost employer-sponsored health insurance during the pandemic as of August 26, 2020. The stock market surge and lock-down economy have been a boon to tech monopolies and helped create multiple U.S. centi-billionaires. Jeff Bezos, Elon Musk, and Bill Gates were each worth more than $100 billion on Jan. 18. 21, 2020, and Jan. 23, 2021. Chuck is a phenomenal celebrity influencer. Since March 18, the number of U.S. billionaires has increased from 614 to 638, an increase of 24 new billionaires. The entire $2.1 trillion in new revenues over 10 years approved by the House Ways and Means Committee to help pay for President Bidens Build Back Better (BBB) investment plan. On March 18, total U.S. billionaire wealth was $2.947 trillion. Billionaires are overwhelmingly white men. As of April 15, Jeff Bezoss fortune had increased by an estimated $25 billion since January 1, 2020 . No one worth less than a billion dollars would pay a cent under Sanderss bill and billionaires who have lost money would be exempt. Forbes annual global billionaires report was published March 18, and ATF and IPS collected the real-time data on Dec. 7 from the Forbes website. Not only did the wealth of billionaires grow, but so did their numbers: in March of last year, there were 614 Americans with 10-figure bank accounts; this August, there are 708. Chuck Schumer is an American Democratic politician who became the Senate Majority Leader in January of 2021. Bill Gates experienced a wealth increase from $98 billion to $129.8 billion. House Democrats passed a relief bill back in May that offered a lifeline to Americans not sharing in the billionaires good fortune during the pandemic. var divElement = document.getElementById('viz1634566460224'); var vizElement = divElement.getElementsByTagName('object')[0]; if ( divElement.offsetWidth > 800 ) { vizElement.style.width='650px';vizElement.style.height='527px';} else if ( divElement.offsetWidth > 500 ) { vizElement.style.width='650px';vizElement.style.height='527px';} else { vizElement.style.width='100%';vizElement.style.height='727px';} var scriptElement = document.createElement('script'); scriptElement.src = 'https://public.tableau.com/javascripts/api/viz_v1.js'; vizElement.parentNode.insertBefore(scriptElement, vizElement); The great good fortune of these billionaires over the past 19 months is even starker when contrasted with the devastating impact of coronavirus on working people. See: USA Today: Molly Stellino, Fact Check: The super rich did indeed get richer in early weeks of coronavirus pandemic, May 7, 2020. The top three gainers aloneJeff Bezos, MarkZuckerberg and Elon Muskenjoyed fully 16% of thespoils, or a collective wealth surge of $137 billion. [, 12 million workers have lost employer-sponsored health insurance during the pandemic as of August 26, 2020. If he was still married to his ex-wife, MacKenzie Scott, together they would be worth another $60 billion or sogiving the couple a net worth of a quarter trillion dollars. Our full analysis, in collaboration with Americans for Tax Fairness, including a table of top billionaires and illustrative charts can be found here. Mark Zuckerberg, CEO of Facebook, has $113.5 billion, a fortune that more than doubled (up 108%) in 13 months. Charles Collins owns over 22,748 units of Luminex Corp stock worth A June poll by ALG Research and Hart Research shows62 percent of voters support Bidens proposed $4 trillion(at the time) investments in healthcare, childcare, education, clean energy and morepaid for by higher taxes on the rich and corporations. Remarkably, 12 billionaires more than doubled their wealth over the last three months. Billionaires are overwhelmingly white men. [2] [3] [4] He is the dean of North Dakota's congressional delegation The Cruz brothers are believed to be the youngest players ever offered scholarships by the Gophers. This disconnection between their wealth and the economic and health insecurity of the great mass of people is unseemly.. The expansion of retail giant Amazon comes at the expense of millions of bricks-and-mortar small businesses forced to close to foot traffic. The Madison October 19, 1959-born Writer expert is arguably the worlds most influential Chuck Collins is expert, with a wide-ranging social media outreach. Sources: All data analyzed by ATF and IPS is from Forbes and available here. If this pandemic reveals anything, its how unequal our society has become and how drastically it must change., The last thing U.S. society needs is more economic and racial polarization, said Chuck Collins, director of the Institute for Policy Studies Program on Inequality and co-author of the Billionaire Bonanza 2020 report. Needless to say, ordinary workers did not fare as well. Elon Musk, who had wealth valued just under $25 billion on March 18, 2020, has seen his wealth increase to $255 billion as of May 4, 2022. Sample of international coverage: Straits Times (Singapore) Observador (Portugal), Daily Mail (Australia), Regina Leader Post (Saskatchewa, Canada), Sunday Times (South Africa) Corona boost for richest in the U.S. International Business Times. Elon Musk has seen his wealth increase by an eye-popping $150 billion during the pandemic, a gain of over 600 percent. Berkshire Hathaways Warren Buffett is worth $101 billion, an increase of 50% during the pandemic. On March 18, U.S. billionaires had a combined $2.947 trillion, down from $3.111 trillion a year earlier, according to Forbes annual global billionaire issue. Most of these huge billionaires gains will go untaxed under current rules and will disappear entirely for tax purposes when theyre passed onto the next generation. Collins first gained public attention in 1985, when he gave an inheritance of $500,000 to several foundations at the age of 26. Between March 18 and May 14, 2020, over 36 million U.S. workers lost their jobs, with 2.98 million claims in todays announcement. La Jornada (Mexico), Publico (Spain). he is one of famous Writer with the age 61 years old group. Billionaires are overwhelmingly white men. Google founders Sergei Brin and Larry Page are now worth $237 billion combined, a 137 percent increase from their combined wealth of $100 billion at the beginning of the pandemic. Latinos are more likely to become infected with Covid-19 and Blacks to die from the disease than are white people. On March 18, 2020, at the beginning of the formal lockdown, U.S. billionaires held a combined $2.947 trillion. Chuck wiki profile will be updated soon as we collect Chuck Collinss Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. James Benge wrote, The wealth of Arsenal owner Stan Kroenke has increased by over 300million since the start of 2020, a study by a leading American think tank has revealed.. Here are some of the richest actresses in the world, ranked according to their 2021 net worth. Wealth growth of other select billionaires in the top 30 on the Forbes May 19 list are below. This analysis was recently favorably reviewed by PolitiFact. The estimated Net Worth of Charles J. Collins is at least $2.39 Million dollars as of 17 July 2020. Sources: All data analyzed by ATF and IPS is from Forbes and available here. [See, On April 12, Americas 719 billionaires held over four times more wealth ($4.56 trillion) than all the roughly 165 million Americans in societys bottom half ($1.01 trillion). The 745 billionaires had a combined $5.1 trillion,a gain of $2.1 trillion, more than70 percent over pre-pandemic assets. Americas billionaires have grown $2.1 trillion richer during the pandemic, their collective fortune skyrocketing by 70 percent from just short of $3 trillion at the start of the COVID crisis on March 18, 2020, to over $5 trillion on October 15 of this year, according to Forbes data analyzed by Americans for Tax Fairness (ATF) and the Institute for Policy Studies Program on Inequality (IPS). Inspired by the Billionaire Bonanza 2020 report and subsequent reports on billionaire wealth increases, Senator Bernie Sanders has introduced the Make Billionaires Pay Act. This Act would levy levying a 60% tax on the growth in wealth of those 467 billionaires whose wealth has increased since March 18th, based on our Institute for Policy Studies/Americans for Tax Fairness analysis. As of 2023, The total estimated net worth of Chris Collins is around $45 million, and he has earned a good amount of money from the politics that he has done. Forbes annual billionaires report was published March 18, 2020, and the real-time data was collected Oct. 13 from the Forbes website. Susan Collins is one of the best politicians that the world has ever got. Find our most recent analysis of billionaire wealth here. This is the biggest economic shock in the U.S. and in the world, really, in living memory, Fed Chair Jerome H. Powell told reporters on June 10th. According to IPS analysis, U.S. billionaires saw their fortunes decline in the years after the 2008 Great Recession along with everyone else. Over the same two months, the wealth of U.S. billionaires has surged $434 billion an increase of 15 percent. [, Nearly 26 million adults reported their household not having enough food in the past week between Nov. 11-23. WebIn 2005, Chuck and his wife, Tami, founded Independent Brokerage, which was started with 12 employees and was the first member company of The Gradient Financial Group, LLC. In other words, he's given away 375,000% more money than his current net worth. Thanks to Musks technologies, such as Tesla, his wealth grew from $24.6 billion on March 18 to $92.8 billion on Oct. 13, an increase of 277 percent. U.S billionaires have seen their wealth surge $1.8 trillion during the pandemic, their collective fortune skyrocketing by nearly two-thirds (62 percent) from just short of $3 trillion at the start of the COVID crisis on March 18, 2020, to $4.8 trillion on August 17, 2021, according to a report from Americans for Tax Fairness (ATF) and the Institute for Policy Studies Program on Inequality (IPS). WebHe is on the board of directors at First Western Bank & Trust and has an estimated net worth of $45 million, making him one of the wealthiest U.S. senators. [, Collective work income of rank-and-file private-sector employeesall hours worked times the hourly wages of the entire bottom 82% of the workforce, Over 76 million lost work between Mar. The total wealth of this group grew $732 billion, or 30 percent, since the start of the pandemic. The combined wealth of U.S. billionaires increased by $850 billion since March 18th, 2020, the beginning of the pandemic, an increase of over 28 percent. As of Monday, November 21, 2022, Bezos is at $114 billion, pretty much where he started before the pandemic. Last May, thatgainhad declined to $1.7 trillion. There are three important numbers to understand in our unequal pandemic times: 100 and 40 and 485. 1 on the Wealthiest list with a fortune of $75 billion in 2020, means the overall net worth of L.A.s most exclusive club declined In 2012, he was ranked in the second position in the list of Moreover, March 18 was also the publication date of Forbes annual billionaires report in 2020. Here are some of the key findings: March 18 is used as the unofficial beginning of the crisis because by then most federal and state economic restrictions responding to the virus were in place. March 18, 2020 data is from the Forbes Worlds Billionaires List: The Richest in 2020. This orgy of wealth shows how fundamentally flawed our economic system is, said Frank Clemente, ATFs executive director. Major owners in the fossil fuel energy sector have seen their wealth decline. This is a grotesque indicator of the deep inequalities in U.S. society. Under Wydens BIT, billionaires will start paying taxes on their increased wealth each year just like workers pay taxes on their paychecks each year. An estimated $24 trillion to $36 trillion in wealth, controlled by the planets wealthiest 0.1 percent, is now hidden in various mechanisms. Her school life was very delightful. A table of the top 15 billionaires is below and thefull data set is here. [, More than it would cost to send a stimulus check of $3,000 to every one of the roughly, Double the two-year estimated budget gap of all state and local governments, which is forecast to be at least, Only slightly less than total federal spending on Medicare (, Nearly 14.9 million have fallen ill with the virus and 284,000 have died from it. The Post reported that New Hampshires small trust industry employs an estimated 225 to 275 people and oversees $600 billion in assets (which is actually more in South Dakota trusts, which is $500 billion reported by states banking division). This updates our Billionaire Bonanza 2020 report that looked at pandemic profiteers and put forward a number of policy recommendations. May 19, 2020 data was taken from Forbes real-time estimates of worth that day. We went from the lowest level of unemployment in 50 years to the highest level in close to 90 years, and we did it in two months.. As of February 2023, the Phil Collins net worth was $300 million. A table of the Forbes data can be found here and a table of the top 15 billionaires is below. Every candidate in this campaign season, from presidential hopeful down, whos pledging to lead us out of the coronavirus crisis must address this stark divergence between the nations wealthiest elite and their struggling fellow citizens, said Frank Clemente, executive director of Americans for Tax Fairness. https://t.co/oXScZjb3p4, , Inequality.org is a project of the Institute for Policy Studies, Content licensed under a Creative Commons 3.0 License, Inequality Quotes by Historic World Leaders. As of April 12, there were six American centi-billionairesindividuals each worth at least $100 billion. President Biden also supports this tax reform. "You have a group of 650 people whose wealth has gone up a trillion dollars since mid-March," says Chuck Collins of the Institute for Policy Studies. Low-wage workers, people of color and women have suffered disproportionately in the combined medical and economic crises. A family of four would receive over $15,000. From Oct. 28 to Nov. 7, between 7 and 11 million children lived in a household where kids did not eat enough because the household could not afford it. Sources: All data analyzed by ATF and IPS is from Forbes and available here. US billionaires have seen their wealth gains roll up and down over the last year. At the global level, billionaires are big winners during the Covid-19 pandemic. If Jeff and MacKenzie Bezos were still married they would have a combined net worth of $210.4 billion. As the Federal Reserve reported during the week of June 10th, more than $6.5 trillion in household wealth vanished during the first three months of this year as the pandemic tightened its hold on the global economy. It wasnt until almost 4 years later, in September 2012, that the total wealth of the Forbes 400 exceeded its 2008 pre-Great Recession levels (see below). That works out to gains of $141 billion a month, $32 billion a week, or $4.7 billion a day. And even after paying the one-time tax, they would still be 40% richer than they were before the virus hit. He Wealth growth of other select billionaires in the top 30 on the Forbes June 17 list is below. Some of her later successes include movies like 'Fantastic Four,' 'Good Luck Chuck,' and 'Love Guru.' Chuck Norris might have started as a glorified martial artist and former member of the US Air Fo The original documents for each This methodology has been favorably reviewed by PolitiFact. He raised money for guide dogs and informed his neighborhood about the environment at a young age. From @rushkoff @curaffairs: But getting at that big boost in billionaire fortunes is not as simple as raising tax rates: tax rules let the rich delay, diminish and even ultimately avoid any tax on the growth in their wealth. March 18 was also the date that Forbes picked to measure billionaire wealth for the 2020 edition of its annual billionaires report, which provided a baseline that we and Americans for Tax Fairness compare periodically with real-time data from the Forbes website. There are 47 new individuals on the list, with 11 going off the list due to death or financial decline. [, Nearly 67 million lost work between Mar. This updates ongoing research by the Institute for Policy Studies begun with the report, Billionaire Bonanza 2020: Wealth Windfalls, Tumbling Taxes and Pandemic Profiteers. At the age of 61 years, Chuck Collins weight not available right now. Following are Bidens tax reforms that are expected to be a part of budget reconciliation legislation to be voted on in the fall, many of which will ensure billionaires start paying closer to their fair share of taxes: A more direct way to tax billionaire wealth is to tax the wealth itself instead of just its growth. The combined fortune of the nations 660 billionaires as of Monday, January 18, 2021 was $4.1 trillion, up 38.6% from their collective net worth of just under $3 trillion on March 18, 2020, the rough start of the pandemic, based on Forbes data compiled in this report by the Americans for Tax Fairness (ATF) and the Institute for Policy Studies (IPS). As of May 14, total U.S. billionaire wealth has increased to $3.316 trillion. At $4.2 trillion, the total wealth of Americas 664 billionaires is also more than two-thirds higher than the $2.4 trillion in total wealth held by the bottom half of the population, 165 million Americans. Having enough food in the table above and for All billionaires is available in one table here on! Over 28 million have fallen ill with the age of 61 years old of billionaire wealth prior the! $ 3.316 trillion $ 3 trillion 13 from the Forbes Worlds billionaires list: the richest 2020! 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