Superyacht sales hit new highs as billionaires BENEFIT from pandemic | Sky News

Superyacht sales have reached record levels as the soaring wealth of the world's richest people during the pandemic has led to a boom in orders. More than a thousand superyachts are under construction worldwide, eclipsing the previous highest level of orders seen in 2009, according to figures in the latest Global Order Book, published by …

Billionaires’ share of global wealth soars during pandemic

The share of global wealth of the world's richest people soared at a record pace during the Covid pandemic, a report on inequality showed Tuesday. Since 1995, the slice held by billionaires has risen from one percent to three percent, according to the World Inequality Report. "This increase was exacerbated during the Covid pandemic. In …