Nine Tech Moguls Made $360 Billion During Pandemic

The Washington Post reports:

The wealth of nine of the country’s top titans has increased by more than $360 billion in the past year. And they are all tech barons, underscoring the power of the industry in the U.S. economy.

Tesla’s Elon Musk more than quadrupled his fortune and jockeyed with Amazon’s Jeff Bezos for the title of world’s wealthiest person. Facebook’s Mark Zuckerberg topped $100 billion. Google co-founders Larry Page and Sergey Brin gained a combined $65 billion.

Nearly all of this wealth accumulation was tied to the share price in the companies the men co-founded or lead, and in which they remain significant shareholders.

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Elon Musk, Jeff Bezos, Mark Zuckerberg and six other billionaires made more than $360 billion during the pandemic https://t.co/vouJYaEycQ

— The Washington Post (@washingtonpost) March 12, 2021