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Since The COVID Pandemic Began, Tech Billionaires Saw Their Wealth Skyrocket As 40 Million Americans Forced On Unemployment, Food Lines

How billionaires like Jeff Bezos, Bill Gates and Elon Musk and other global elites got $637 billion richer during the coronavirus pandemic.

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6 years ago

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From March to June 2020, Amazon founder Jeff Bezos saw his wealth rise by an estimated $48 billion. The founder of the video-conferencing platform Zoom grew his nest egg by over $2.5 billion, and former Microsoft CEO Steve Ballmer’s net worth increased by $15.7 billion.

While lines at food pantries across America stretched out over a mile long, America’s tech titans were piling up their cash reserves at rates nearly unimaginable to the average person. While some of you received a COVID ‘stimulus check’ for $1,200, people like Bill Gates, Jeff Bezos, Elon Musk got the much larger slice of that 2 trillion dollar pie. While some of you were filing for unemployment, the billionaires were signing papers on yachts and mansions. Are they profiting off of our collective misery? You can bet you bottom dollar on that.

“For we brought nothing into this world, and it is certain we can carry nothing out. And having food and raiment let us be therewith content. But they that will be rich fall into temptation and a snare, and into many foolish and hurtful lusts, which drown men in destruction and perdition. For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows. But thou, O man of God, flee these things; and follow after righteousness, godliness, faith, love, patience, meekness. Fight the good fight of faith, lay hold on eternal life, whereunto thou art also called, and hast professed a good profession before many witnesses.” 1 Timothy 6:7-12 (KJB)

These billionaires are part of what is known as the ‘global elites’, and these are the people that rule the world. They are going to force you to take a vaccine and digital ID because Bill Gates has decreed it to be so. He is not content with all his wealth, now the only thing that interests him and all the others is control. Control of me and you. The global elites are the ones who forced us into lockdown, forced us into mask wearing, and are now forcing us to the brink of extinction.

How tech billionaires like Jeff Bezos, Bill Gates and Elon Musk got $637 billion richer during the coronavirus pandemic

FROM BUSINESS INSIDER: From March to June 2020, Amazon founder Jeff Bezos saw his wealth rise by an estimated $48 billion. The founder of the video-conferencing platform Zoom grew his nest egg by over $2.5 billion, and former Microsoft CEO Steve Ballmer’s net worth increased by $15.7 billion.

These kinds of examples might lead you to think that when billionaires profit during a crisis, it’s just a matter of right place, right time. Well, that’s not false, but it’s not entirely true either. Casino magnate Sheldon Adelson saw his wealth increase by $5 billion, while Elon Musk saw an increase of $17.2 billion. When you add up the numbers, billionaires in the United States have increased their total net worth $637 billion during the COVID-19 pandemic so far.

At the same time, more than 40 million Americans filed for unemployment. With tens of millions of Americans out of a paycheck and the stock market plummeting by 37% in March, how is it that the rich have continued getting richer?

This isn’t the first time billionaires have seen gains while a large portion of Americans were feeling losses. When the housing bubble burst in 2007, home prices fell 21% and roughly 3.1 million homes were foreclosed on in the United States. The stock market plummeted by over 50%. And by the end of 2009, 8.8 million Americans had lost their jobs. And the effects lingered. From 2009 to 2012, the incomes of the bottom 99% grew by only 0.4%, but the income of the top 1% grew by a staggering 31.4% in the same time span. And it all ties back to two things.

First, the government disproportionately gave more aid to banks and corporations. In 2008, the Emergency Economic Stabilization Act was signed into law, creating a $700 billion program to purchase devalued assets from banks. This was called the Troubled Asset Relief Program, or TARP. Later, President Obama would direct $75 billion in funds from TARP to help reduce interest payments for homeowners. That means homeowners received around 10% of the direct relief that banks and corporations did.

And this leads to reason No. 2. When the stock market bounced back, the unequal bailouts meant that the wealthy still had money on hand to invest and thus profit, while the middle and lower classes did not. In 2008, the Federal Reserve lowered short-term interest rates to near zero. They would remain that low for nearly a decade. This paved the way for a historic bull market on Wall Street that began in 2009 and lasted until March 2020, when the pandemic hit.

In that time, the S&P 500 gained 462%. That means that a $1,000 investment in the S&P 500 at the low point of the financial crisis could have returned roughly $4,620, while someone who could afford a $1 million investment could have pulled in over $4.6 million.

By 2009, the world’s high-net-worth individuals had grown their share of global wealth by 19% to $39 trillion, recouping nearly all of their losses in a single year. That quick recovery and larger share of the world’s wealth enabled them to continue to make money at an exponential rate. In fact, the top 1% captured 95% of the income gains made from 2009 to 2012. And by 2020, the combined wealth of the billionaire class in the United States had increased by over 80%.

Which brings us back to the moment when the coronavirus pandemic rocked the economy. In 2019, the Fed reported that four in 10 Americans didn’t have enough cash in their bank accounts to cover a $400 unexpected expense. And in the first few months of 2020, 40 million Americans found themselves unemployed due to COVID-19. Many small businesses had to close due to lockdowns and social distancing, while others were forced to try to operate with entirely remote staff.

The Small Business Administration made $349 billion available to small businesses with the Paycheck Protection Program. But like in 2008, $243 million of that was snapped up by large, publicly traded corporations, some of which were valued at over $100 million. Even hedge funds submitted claims to try to tap into what they saw as free money.

On March 16, 2020, just five days after COVID-19 was declared a pandemic, the Dow suffered the worst single-day points drop in its history. But by June 4, seven of the world’s richest people had seen their fortunes increase by over 50%. Part of what made this possible was a stock-market rebound fueled both by the Paycheck Protection Program and actions by the Fed. Again, the Fed lowered short-term interest rates for banks to near 0%, and as before, they have promised to hold those rates low until the economy is on track.

This is a cycle that has happened time and time again. During the earthquake in Haiti in 2010, only 2.5% of the $195 million of relief funds went to Haitian companies. Much of the rest was awarded to DC-based construction companies. And when Hurricane Katrina struck New Orleans in 2005, real-estate developer Joseph Canizaro said the clearing out caused by Katrina represented some “very big opportunities.” Canizaro was selected as part of a panel to develop the Bring New Orleans Back plan, part of which put a stop on reconstruction of low-income neighborhoods until the residents returned. Of course, residents couldn’t return to their destroyed homes, and many were foreclosed on, paving the way for others to buy those properties and develop them.

When the time did come to rebuild New Orleans, the engineering and construction company KBR received no-bid contracts from the federal government for tens of millions of dollars. KBR received $31 billion in contracts from the government between 2001 and 2010. Vice President Dick Cheney served as CEO of KBR’s parent company, Halliburton, for the five years leading up to his two terms in office.

Combined with their immense investing and purchasing power, billionaires have had government resources in addition to their own resources to profit from during economic upheavals. And wealth-friendly tax laws and loopholes then keep those billionaires at the top. Legal structures such as limited liability companies protect personal assets from being repossessed to pay the debts from business downturns. As it’s set up today, IRS rules allowed Amazon to pay $0 in taxes two years in a row. When its bill finally came due in 2019, it paid just $162 million, a measly 1.2% of the company’s income that year.

And it’s not just Amazon. Taxes paid by billionaires have decreased 79% since 1980. And those are just the legal avenues that the wealthy take to avoid paying taxes. In 2017, researchers estimated that about 10% of the world’s GDP was stashed in offshore tax havens. A study in 2012 found that as much as $32 trillion was being held offshore by the world’s wealthiest people. READ MORE

How Billionaires GOT RICHER in the Pandemic

Now The End Begins is your front line defense against the rising tide of darkness in the last days before the Rapture of the Church

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. Even all the way to South Africa. We even restarted our weekly radio Bible study on Sunday nights again, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

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But whatever you do, don’t do nothing. Time is short and we need your help right now. If every one of the 15,600+ people on our daily mailing list gave $4.50, we would reach our goal immediately. If every one of our 150,000+ followers on Facebook gave $1.00 each, we would reach 300% of our goal. The same goes for our 15,900 followers on Twitter. But sadly, many will not give, so we need the ones who can and who will give to be generous. As generous as possible.

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJV)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

 

 

 

 

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Gospel Witness Billboard Program

Just In Time For Resurrection Sunday, A New Gospel Witness Billboard Proclaiming Salvation Through The Shed Blood Of Jesus Christ On The Cross Goes Up

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18 hours ago

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April 4, 2026

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On this Resurrection weekend, NTEB is proclaiming new life through the shed blood of Jesus Christ to a lost and dying world

The NTEB Gospel Witness Billboard Program continues going at full-speed ahead here in its sixth year of operation, proclaiming new life in Jesus Christ with a message that takes less than 3 seconds to read while traveling past it at an average of 60 miles per hour. We are working on one right now that will go up somewhere in Tennessee shortly, please pray for that, and this one you see in the photo at the top of this article that went up yesterday in Baton Rouge, Louisiana.

“In whom we have redemption through his blood, the forgiveness of sins, according to the riches of his grace;” Ephesians 1:7 (KJB)

If you don’t believe that we live in a lost and dying world that has rejected Jesus Christ, just go read today’s headlines for 60 seconds and you will. But it is into this fallen world that Jesus Christ first appeared, and it is into this fallen world that we who are His witnesses are called to bear witness to the death, burial and resurrection of Jesus on the third day according to the scriptures. Our billboards over the past six years have generated more than a billion views, and only the Judgment Seat of Christ will reveal just what manner of fruit was gained through this outreach. Please pray for the Gorzell family at Broken Pieces Ministries whom we partner with in this billboard, that the Lord will give them fruit, more fruit and much fruit for their labours.

How about you, Christian? Will you come and partner with all of us here at Now The End Begins to keep these billboards up? It costs thousands of dollars per month to do it, and we reach millions of people in the process. If God has prospered you, prayerfully consider clicking on the donate link to help us. We can’t do it without you. 

Now The End Begins is your front line defense against the rising tide of darkness in the last Days before the Rapture of the Church

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. We have a Gospel Billboard program. We are now broadcasting Bible studies, Podcasts and a Sunday Service 5 times a week, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

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But whatever you do, don’t do nothing. Time is short and we need your help right now. The Lord has given us an open door with a tremendous ‘course’ for us to fulfill that will create an excellent experience at the Judgement Seat of Christ. Please pray for our efforts, and if the Lord leads you to donate, be as generous as possible. The war is REAL, the battle HOT and the time is SHORT…TO THE FIGHT!!!

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJB)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

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Headline News

Showing Themselves To Be Neither ‘Decimated’ Nor ‘Obliterated’, Iran Shoots Down American Aircraft At Will As World War Trump Takes A Dark New Turn

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1 day ago

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April 3, 2026

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Neither decimated nor obliterated, Iran downs American warplanes and exposes the lie that this widening World War Trump is under control

For weeks now, the American people have been told that Iran was “decimated” and “obliterated,” that its ability to resist had been shattered, and that overwhelming force had already reduced the enemy to rubble. But now the battlefield is answering back with a very different testimony. AP reported Friday that two U.S. military aircraft were shot down as the war escalated, including an F-15E over Iran with one crew member rescued and another still missing. The Washington Post likewise reported that a second U.S. aircraft, an A-10, was also brought down, even as American rescue operations intensified. That is not what “obliterated” looks like. Today marks the single worst day for World War Trump since the conflict began. It only gets worse from this point on, so buckle up.

“From whence come wars and fightings among you? come they not hence, even of your lusts that war in your members?” James 4:1 (KJB)

As the skies darken overseas, the Pentagon is being thrown into visible turmoil at home. AP reported yesterday that Defense Secretary Pete Hegseth asked Army Chief of Staff Gen. Randy George to step down and also dismissed two other generals, adding to a broader pattern of removals among senior military leadership during this widening war. That is what makes this moment so dangerous. America is now watching a war grow more costly and less predictable at the exact same time that the military chain of command is being shaken at the top. Iran is proving it can still strike, still contest the fight, still bloody American power, while Hegseth is purging senior officers in the middle of a regional firestorm. That is not stability. That is not control. That is not confidence. That is a government trying to project strength while the structure underneath it visibly trembles. This is why a Fox News host is not fit to run the Pentagon.

What we are seeing is the same old lie that has dragged nations into disaster for generations. First comes the boasting. Then comes the inflated language. Then comes the media chorus repeating that victory is assured, the enemy is broken, and the situation is under control. But war has a way of stripping the paint off every official narrative. Jets fall. Men go missing. Rescue missions are launched. The enemy everyone said was finished keeps fighting. And suddenly all the slogans Trump has been feeding his base don’t sound so convincing anymore.

Hegseth’s role in this only sharpens the sense of disorder. You do not fire top generals in the middle of a shooting war and then expect the public to believe everything is proceeding calmly and according to plan. Maybe the administration calls it accountability. Maybe it calls it reform. But from the outside, it looks like upheaval at the summit while the battlefield below grows hotter by the hour. AP says more than a dozen military leaders have been removed in the past year under Hegseth’s tenure. By any fair standard of reckoning, that’s a purge.

The truly maddening part is that none of this should surprise anybody paying attention. Iran was never going to absorb repeated blows and simply disappear. A regime with missiles, air defenses, regional reach, hardened infrastructure, and ideological resolve was never going to be erased by chest-thumping rhetoric and triumphant press lines. The fantasy was always political. The reality is military. And now the military reality is tearing through the political fantasy in front of the whole world. AP has already reported other Iranian strikes during this war, including an attack on Prince Sultan Air Base in Saudi Arabia that wounded U.S. troops and damaged aircraft.

So yes, it’s safe to say that this war has taken a dark turn, a very dark turn.

Iran has shown itself to be neither “decimated” nor “obliterated.” It is battered, yes. Pressured, yes. Under attack, yes. But it is still capable of inflicting damage, still capable of challenging American power, and still capable of exposing how hollow the original boasts were. And while that reality unfolds abroad, Pete Hegseth is remaking the Department of War through abrupt removals that only deepen the impression of a war machine under strain.

The message from Washington is strength, command, and dominance, but the message from events is something very different: this thing is slipping, the cost is rising, the leadership is unstable, and the promises made at the beginning are already being swallowed by the flames. That is the dark turn. And once the official story can no longer survive contact with reality, the next thing to die is trust.

Now The End Begins is your front line defense against the rising tide of darkness in the last Days before the Rapture of the Church

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. We have a Gospel Billboard program. We are now broadcasting Bible studies, Podcasts and a Sunday Service 5 times a week, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

nteb-free-king-james-bible-program-750-550

But whatever you do, don’t do nothing. Time is short and we need your help right now. The Lord has given us an open door with a tremendous ‘course’ for us to fulfill that will create an excellent experience at the Judgement Seat of Christ. Please pray for our efforts, and if the Lord leads you to donate, be as generous as possible. The war is REAL, the battle HOT and the time is SHORT…TO THE FIGHT!!!

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJB)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

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Headline News

THE PROPHECY NEWS PODCAST: The Evangelical Industrial Complex That Put Donald Trump Back In Power Is Rapidly Coming Apart At The Seams

Published

2 days ago

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April 3, 2026

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The Evangelical Industrial Complex is not biblical Christianity, it is a 7 Mountains Mandate power grab conducted at the highest levels in the Trump White House

What we have been watching for the past 15 months is not revival, it’s not repentance, and it certainly is not a return to biblical New Testament Christianity under the apostle Paul. It is a political-religious machine, a power network dressed up in patriotic language, cross symbolism, culture-war rhetoric, and celebrity access. Welcome to the Evangelical Industrial Complex, the ‘crown jewel’ of the falling away.

“I know thy works, and thy labour, and thy patience, and how thou canst not bear them which are evil: and thou hast tried them which say they are apostles, and are not, and hast found them liars:” Revelation 2:2 (KJB)

On this episode of the Prophecy News Podcast, Trump’s second White House formally established a White House Faith Office in February 2025, and then created a Religious Liberty Commission in May 2025. Franklin Graham was named as one of the commission members, and the White House also announced advisory-board appointments tied to that same commission. The Evangelical Industrial Complex surrounding Trump  is a blended coalition of evangelical celebrity, political access, Roman Catholic symbolism, nationalist messaging, and media-stage religion. Erika Kirk now leads Turning Point USA, and Trump appointed her to the U.S. Air Force Academy Board of Visitors. Jack Posobiec was photographed holding up a rosary while speaking at Charlie Kirk’s memorial in September 2025. Pete Hegseth publicly described his Jerusalem cross tattoo as a “historic Christian symbol,” while coverage of the controversy also notes his “Deus vult” tattoo, a phrase tied historically to the Roman Catholic Crusades. Yesterday, the White House quickly deleted a video of Trump’s spiritual advisor Paula White comparing his presidency to the death, burial and resurrection of Jesus Christ that quickly sparked outrage all across social media. Today we break it all down for you, plus give you the very latest updates on World War Trump happening now in the Middle East.

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Every Sunday morning, from 11:00 AM – 12:30 PM EST, we invite you to join us live and in-person at the Bible Believers Church here inside the NTEB Bookstore in Palatka where we lift up the Lord Jesus Christ in psalms, hymns and spiritual songs, and preach a message from the pages of the King James Authorized Version Holy Bible.

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Every Sunday evening from 7:00 – 9:00 PM EST, we offer an in-depth rightly dividing and dispensationally correct rocket ride through the preserved word of God as found within the pages of the King James Holy Bible. 

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Every Monday and Friday afternoons from Noon to 1:30 PM EST, we examine breaking news and current events  in light of bible prophecy. 

  • MONDAY AT NOON: Every Monday at Noon we review all the latest news and events related to bible prophecy, and examine what is happening in light of what is written. If you miss the live show, all of our Prophecy News Podcast programs are archived here.
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Listen to What Our Donation Angels Have to Say About the Ministry of Now The End Begins

  • “You are truly an end time ministry and I appreciate how our Precious Lord is using you to educate his very own flock. There is a lot of confusion , but your ministry is putting scripture in the right prospective. Thank-you so so much Geoffrey S Grider for standing firm and putting in a lot of hours of your time. God Bless You , also your Ministry and your family. IN JESUS MIGHT NAME.” T. Muto
  • “Jesus. I am now 64 years old and never in all the years I’ve been a Christian was I able to grow in the Lord as much as I have in the last past year. All because of our blessed brother’s work Geoffrey Grider who as the bravery of standing fast forward without fear of claiming the truth of God by the power of his love in Jesus Christ. May God bless you abundantly to the end my dear brother… ROMANS: 8: 36,37,38” Mireille Anderson
  • “I met you at the car dealership earlier this year. We spoke briefly, then you handed me a card and told me to check out the website. You left. A few minutes later, you returned to tell me not to forget to look up the website. I told you…” I already did. I already subscribed.” In that short time we spoke, I experienced from you…a total stranger…peace, joy, kindness, gentleness, compassion, and love. I am convinced that God sent you to share the Good News that Jesus Christ is our Lord and Savior. For that, and for the work you are doing for the Kingdom of God, I say…Thank you and God Bless You.” Sonia Merced
  • “I really enjoy the emails and Bible studies! I haven’t found a church and enjoy your services very much! Be blessed brother!” Marcia Mann
  • “You and your organization are on the front lines in the Battle For Truth…. current events, end times, and trying to awaken a sleeping Laodicean Church. Thank you brother for fighting for us and all your teaching and insight God bless…” Daniel Cartrette
  • I just want to thank you for the teachings you give every Sunday night on radio.  You are such a blessing to me. I absolutely love your way of teaching the scriptures.  I don’t have a church where I can have fellowship and teaching, so you have been my teacher for many months now. Thanks God you are there for all of us who have no church to go to.  I pray that the Lord will bless you abundantly in your ministry, and your loved ones too.  You are such a blessing to me, and many others, in these last days before the rapture.  Thank you so much Geoffrey, from the bottom of my heart. May the Lord keep you, until He comes back for us. You are in my prayers.” Donald Godin
  • “Thank you for the work  you are doing brother.  Your page and your testimony were a blessing to me this morning as I came across it for the first time.  Thank you for the reality of your testimony and what God has done for you in introducing you to Jesus our Lord.  God has brought me, in salvation, to Himself as well, through His love and mercy and grace in salvation.  How can we praise Him enough?  How can we not share this good news!?  I pray this day for God’s blessing on your ministry that He may save many souls through the work He has called you to.  Isaiah 40:31 (KJV)” Mark and Melissa
  • “Love the Sunday night bible study. I want to support someone who has the passion for the lost like Geoffrey does and rightly divides the word of God. God bless you.” Teresa Carey
  • “I give because not many news outlets are brave enough or Godly enough to tell these stories from a Christian’s point of view. I see stories here that will not be seen anywhere else.” William Grayshaw
  • “It’s hard to find solid biblical teaching in America these days. It’s a blessing to be able to take part in a ministry financially without being concerned about false teaching. All glory to God! God bless!” Maximilian Swan
  • “I donate because you are reporting the truth about the increasing wickedness of our time, as God’s word foretold. In so doing we are reminded to “Keep looking up” as we wait in joyful hope for the Lord’s coming, Maranatha! ” Anthony Sloane
  • “Geoffrey has the best End Times News out there. I have been receiving his emails for years now and always enjoy his Sunday night messages although I don’t always think exactly as he thinks. We are all in this “boat of life” together and as I come to the end of my life’s journey here, I am more aware of Jesus’s call for us to be one as He and the Father are One.” Deborah Cleaveland

STREET-TESTED NTEB GOSPEL TRACTS:

This is the official gospel tract of NTEB, used here on the streets of Saint Augustine and sent around the world as they are purchased through our website. We ask you to prayerfully consider supporting the work of Now The End Begins by purchasing a box of these full-color, high-quality gospel tracts. Thank you in advance!

But whatever you do, don’t do nothing. Time is short and we need your help right now. The Lord has given us an open door with a tremendous ‘course’ for us to fulfill that will create an excellent experience at the Judgement Seat of Christ. Please pray for our efforts, and if the Lord leads you to donate, be as generous as possible. The war is REAL, the battle HOT and the time is SHORT…TO THE FIGHT!!!

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJB)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

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END TIMES

CHRISLAM

FALSE TEACHERS

THE METAVERSE

REAL UFOS

ISRAEL

THE MOTB

CATHOLIC CHURCH

FAKE NEWS

ABORTION

THE THIRD TEMPLE

BILL GATES

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