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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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CLICK TO ORDER YOUR NTEB KING JAMES BIBLE GOSPEL TOOL KIT IN LARGE OR MINI SIZES

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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We Gave A Bible To Maria At Glory Fellowship Church, And She Used It To Read It To Her Lost Dad Every Day For Two Weeks, He Got Saved And Given His Own Bible

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7 hours ago

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July 2, 2026

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From A Life Of Theft Since Age 12 To New Life In Jesus Christ, Jared Was Saved After Hearing The Bible Read To Him By His Own Child, Maria from Glory Fellowship Church in Kenya

A few months ago, we launched Operation Africa! in Kisii, Kenya, putting over 1,000 Bibles into the hands of Pastor Dancan and the Glory Fellowship Church and Orphanage. Since that time, the church has seen a wonderful influx of new people, many of whom became members, and an increase in the number of children taken care of by the orphanage. Maria has been attending the church for the past two years. She was given a Bible by us, and she faithfully began reading it to her father, Jared, who got saved! Here now is his amazing salvation story.

“So then faith cometh by hearing, and hearing by the word of God.” Romans 10:17 (KJB)

Pastor Dancan writes: “Today during our church service, a young man came forward to share a wonderful testimony. He told us that he gave his life to Jesus because his child, who has been attending our church, has been reading the Bible to him every day for the past two weeks. He shared that he had been a thief since the age of 12, but through hearing God’s Word from his own child, his heart was transformed. Today, he made the decision to follow Jesus Christ. Pastor, the Bibles you generously gifted to us are changing lives and touching many souls. As we welcomed him into our church family, we presented him with a Bible of his own so that he can continue to grow in his faith. Thank you for your generosity and for partnering with us in spreading the Gospel. May God continue to bless you abundantly.” Praise the Lord, what a blessing! For them, and for us.

Christian, this is what missions are all about. The sending out of God’s word to the ends of the Earth, the raising up people to plant and minister the gospel to the lost wherever they may be found, and the reaping of the soul harvest. Operation Africa! gave 13-year old Maria her first Bible, she took that gift and began to minister to her father, he got saved and was then presented with one of the Bibles we provided. This is why we work, this is why we labour, this is why we send out free Bibles as far and wide as the Lord will enable us to do. Your prayer and generous financial support makes all of it possible. Come help us to stay in the fight, we need you!!

If God has prospered you, please take a moment to click on the donate button to help us in this monumental task of providing King James Bibles, New Testaments, scripture portions, gospel tracts as well as Spanish Bibles to everyone who needs one. We need your prayers, we need your generous financial support, and we need you to stand with us in the closing days of the Church Age. Thank you so very much, TO THE FIGHT!!!

NOTE: If you need a 501 C3 Letter of Donation for tax purposes, please send your donation to:

NTEB Ministries
1340 N Great Neck Rd.
Ste. 1272-129
Virginia Beach, VA 23454.

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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THE PROPHECY NEWS PODCAST: Trump Discernment Syndrome Is The Moment You Stop Cheering The Show & Start Seeing The Strings, The Script, And The Scam

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2 days ago

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July 1, 2026

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Trump Discernment Syndrome Is Not Derangement, It Is The Moment The MAGA Spell Breaks And You See The ‘America First’ Scam For What It Really Is

For years, the political elites and their cheering section have mocked truth-tellers with the phrase “Trump Derangement Syndrome,” as if anyone who questions Donald Trump must be irrational, bitter, or blinded by hatred. But the exact opposite is true. What we are watching is Trump Discernment Syndrome — the moment when people finally wake up and see through the carefully manufactured image, the endless branding, the fake strength, the hollow promises, and the nonstop social media memitic manipulation. It is the ability to look past the slogans, the staged patriotism, and the cult of personality and recognize the scam for what it is. That’s not derangement, that’s discernment, and you need to have it in these last days.

“Ye hypocrites, ye can discern the face of the sky and of the earth; but how is it that ye do not discern this time?“ Luke 12:56 (KJB)

On this episode of the Prophecy News Podcast, the real delusion belongs to the hypnotized MAGA crowd that has been trained to call compromise courage, propaganda truth, and blind loyalty righteousness. They excuse the contradictions, ignore the wreckage, and defend the deception because they have emotionally invested themselves in the illusion. But spiritual discernment breaks the spell. Discernment sees the cracked mask, reads the fruit, and refuses to bow before the 22-foot high golden idol. In an age where millions have traded critical thinking for political worship, Trump Discernment Syndrome is what happens when your eyes are opened and you see what’s actually in front of you. That is the core of Trump Discernment Syndrome: seeing that the same thing Trump condemned in Obama becomes “genius” when Trump does it. If Obama unfreezing Iranian assets was appeasement, then Trump unfreezing Iranian assets is appeasement. If Obama giving Iran economic breathing room was dangerous, then Trump giving Iran economic breathing room is dangerous. If Obama allowing the regime to survive was weakness, then Trump preserving the regime while calling it peace is also weakness. If Biden and his children profitting from his elected office was wrong, then Trump and his children profitting from his elected office has to be wrong. It must be wrong! Today we show you 12 examples of Trump Derangement Syndrome and watch what happens when we apply with glorious light of Truth to see what’s really going on. The real Trump Derangement Syndrome is people who willing volunteer to believe a lie, worship a man, and today we break that spell and cast out the devils of deception. “And ye shall know the truth, and the truth shall make you free.” All this and much more on today’s Prophecy News Podcast!

Study Helps And Links For Today’s Podcast

We Are Broadcasting Live Four Days A Week

  • The BIBLE BELIEVERS Sunday Service

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.

OUR MOST RECENT SUNDAY SERVICE VIDEO: A Willing Heart, Burdened And Surrendered

• The RIGHTLY DIVIDING Radio Bible Study

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. 

  • SUNDAY NIGHT: Our original Sunday Night Radio Bible Study, it’s from 7:00 – 9:00 PM EST, and we have praise, singing, testimony and of 90-minute King James Bible study. All our King James bible study programs are archived here.

• The NTEB PROPHECY NEWS PODCAST Hour

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.
  • FRIDAY AT NOON: Friday 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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HOW TO DONATE: Click here to view our WayGiver Funding page

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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The Big Bible Believers Bookstore Sale Is Here On July 1st Thru The 6th With 25% Off EVERYTHING Including Ruckman Bibles, Commentaries, Clothing & Gifts!

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2 days ago

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June 30, 2026

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The Big Bible Believers Bookstore Sale Is Here July 1–6 With 25% Off Everything Including Ruckman Bibles, Commentaries, KJB Study Helps, Clothing And Gifts

Starting  on Wednesday July 1 and running through Tuesday July 6, the Bible Believers Bookstore is launching a huge 25% off storewide sale on everything we sell, and this is the perfect time to stock up on the books, Bibles, study tools, Church supplies and ministry materials that every Bible believer needs. That means 25% off Ruckman Reference Bibles, commentaries, books by Clarence Larkin and Dr. Sam Gipp and Dr. William Grady, King James Bible study helps, prophecy materials, preaching resources, and the kind of solid doctrinal books that are getting harder and harder to find in these Laodicean last days.

“Till I come, give attendance to reading, to exhortation, to doctrine.” 1 Timothy 4:13 (KJB)

But it’s not just books and Bibles — we are also taking 25% off all caps, clothing, gifts, and everything else in the store. Whether you are shopping for yourself, getting a gift for a Bible believer, adding to your study library, or helping someone else get grounded in the truth of the King James Bible, this is the sale you do not want to miss. For six days only, from July 1 through July 6, everything in the Bible Believers Bookstore is 25% off, so come ready, shop big, and help support an old-fashioned, God-honoring Christian Bookstore that still stands for The Book.

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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THE BIG STORY

Support Now the End Begins

We have many ways that you can financially support this end times ministry. You can send us a donation here through PayPal, or you can mail a donation to us. You can also purchase NTEB Gospel Tracts that you see above this box.

 

Donate by mail to:

NOW THE END BEGINS
PO Box 213
Palatka, FL 32177

 

You can also donate through the WayGiver link right below. We need and appreciate your support, thank you!

END TIMES

CHRISLAM

FALSE TEACHERS

THE METAVERSE

REAL UFOS

ISRAEL

THE MOTB

CATHOLIC CHURCH

FAKE NEWS

ABORTION

THE THIRD TEMPLE

BILL GATES

GEORGE SOROS

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