Amazon.com Inc’s Jeff Bezos and Tesla Inc’s Elon Musk (pic) both added more than US$60bil (RM249.57bil) to their net worth in 2020, according to the Bloomberg index. — AFP
The huge boost to the fortunes of technology and health-care billionaires during the coronavirus pandemic may be the beginning of a more permanent trend.
The Covid-19 shock could act as a catalyst to spur increased opportunities for those who offer digital or other tech solutions, while the wealth of those in older industries may in turn suffer, UBS Group AG and PricewaterhouseCoopers said on Oct 7 in a report.
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