While the economy of majority of the countries in the world is shrinking, few Billionaires raised their asset value in these Covid-19 months. One among these Billionaires is Facebook founder Mark Zuckerberg.
In the Covid-19 months, Mark’s asset value raised by 45%. Currently, Mark Zuckerberg holds 80 Billion dollars. Not just Mark, Amazon founder Jeff Bezos’ asset value raised by 30% in these months and he is at 147 Billion dollars mark. Along with Mark and Jeff, around 600 Entrepreneurs in the Technology space saw their assets raising in this tough situations.
Most of the people are now working from home and the time people spend on Facebook raised in the Covid-19 situation. Offices started sponsoring household equipment like monitors, desk, etc and the demand for automated solutions raised in this pandemic situation. All of these helped Amazon get more money in this situation.
While few sectors were laying off their employees, technology based companies working on cloud and automation are ramping up their hiring.
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