News outlets have begun to report 1 million Covid-19 deaths in the U.S., though experts say the number is most likely an undercount.
New analysis from the Institute for Policy Studies contrasts the nation’s shocking death toll with billionaire wealth gains during the pandemic; since March 2020, U.S. billionaires have seen their combined wealth rise over $1.7 trillion, a gain of more than 58 percent. Elon Musk alone has seen a wealth increase of $255 billion.
CHUCK COLLINS and OMAR OCAMPO; contact Olivia Alperstein at olivia@ips-dc.org to schedule interviews.
Collins and Ocampo are researchers at the Institute for Policy Studies, a nonprofit think tank.