BizBeat Ep. 18: How did the rich get richer, the poor stayed poor during the pandemic?
Due to the pandemic, tens of millions of families suffered, grappling with job loss, lower incomes, less purchasing power, and more debt. The Bloomberg Billionaires Index shows that the wealthiest 500 people on the planet, however, added 31 percent to their combined net worth in 2020, the biggest annual gain in history. So how did the rich get richer while the poor stayed poor during the pandemic? CGTN's anchor Zheng Junfeng shares his thoughts. #BizBeat