US billionaires rallers at Donald Trump for another $ 1 trill

During the presidential period of Donald Trump, about 200 American billionaires got rich in a total of $ 1 trillion, Bloomberg calculated .

Billionaires of the United States make up only 0.00006% of the total population of the country. During Trump’s presidency, according to the Bloomberg billionaire index, the fortune of the richest Americans increased from $ 1.8 trillion to more than $ 2.8 trillion. At the same time, the number of billionaires practically did not change - at the beginning of his presidential term there were 168 people, now - 166.

The main part of the super -profit went to even a smaller layer of people - the richest of the rich, the newspaper writes. Together, the 50 most wealthy Americans increased their capital with Trump by $ 835 billion. For example, the richest man in the USA and the world Jeff Bezos, the founder of Amazon, during the period of Trump's presidency earned about $ 121 billion.

A huge jump in the assessment of states is largely explained by the fact that the stock market steadily grew through the entire Trump period. From the night of the 2016 elections to the end of October 2020, the profitability of the S&P 500 index was 67%, including dividends, and the high -tech Nasdaq Composite index - 125%.

The growing wealth of already rich people provokes demonstrative consumption, the agency notes. The rich invested incredible amounts in elite real estate, for example, billionaire Ken Griffin in January 2019 bought a $ 238 million in New York-this is a record transaction in the American market. He, in June 2020, when the American economy collapsed because of Lockdown, paid a record $ 110.5 million for a picture of Jean-Michel Baskia.

The income of ordinary Americans did not grow so much. With the adjustment to inflation, the growth of the average income of the American household amounted to 6.8% last year, up to $ 68,703 - after a growth of only 1.8% and 0.5% in the first two years of Trump's stay in power.

The increasing inequality gives additional glasses of Joe Biden in the eyes of ordinary Americans, but not only them, the agency notes. According to the documents of the US Federal Election Commission, in the third quarter, sponsors who wrote out checks in the amount of $ 100 thousand or more transferred $ 134 million to two committees that are collecting money for Biden and the Democratic Party. Trump's headquarters wealthy Americans donated less - $ 96.9 million.