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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)

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China

Trump Naively Calls Xi A ‘Good Friend’ While China’s Communist Strongman Invokes The ‘Thucydides Trap’ As A Taunt To The Rising Power Of The East

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24 hours ago

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May 14, 2026

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Trump Calls Xi A Good Friend As China’s Communist Strongman Invokes The Thucydides Trap And Places Taiwan Squarely In The Crosshairs

Xi Jinping did not casually mention the Thucydides Trap, he chose it like a dagger wrapped in silk. The very mention of it is a taunt to the American president. That phrase describes the moment when a rising power challenges an established power and the pressure between them makes war more likely. Xi knows exactly what that means. In that framework, China is the rising power, America is the aging empire, and Taiwan is the tripwire. So when Xi raises the Thucydides Trap in front of Trump, while Taiwan is sitting at the center of the talks, he is not merely warning against conflict. He is showing open aggression to Washington with the possibility that China’s rise may now be unstoppable.

“Why do the heathen rage, and the people imagine a vain thing?” Psalms 2:1 (KJB)

That is what makes Trump’s “it’s an honor to be your friend” language so dangerous and so revealing. Xi is not Trump’s friend. Xi is the Communist ruler of a nation that believes Taiwan belongs under Beijing’s control, and he is reminding the American president that history has a pattern: the old power resists, the new power presses, and somewhere between fear and ambition the shooting starts. China wants America to “manage” the rivalry by backing away from Taiwan. America wants to preserve its Pacific order without triggering war. But Taiwan cannot be both surrendered and defended at the same time.

Taiwan becomes flashpoint of Trump-Xi summit as Rubio warns Beijing of ‘repercussions’ for invasion

FROM THE NY POST: President Trump and his Chinese counterpart, Xi Jinping, were all smiles and full of public praise for each other at the start of their much-anticipated summit meeting here Thursday. A very different story began to emerge behind closed doors after Xi continually pressed the issue of Taiwan, the self-governing, democratic island that China claims as its own. The mid-morning sit-down ran long — about 40 minutes over its scheduled time. Trump was notably quieter at the leaders’ next stop, the 15th-century Temple of Heaven. He ignored shouted questions, and the body language of both presidents was noticeably stiffer. The Chinese quickly put out their version of the reasons why.

“President Xi stressed to President Trump that the Taiwan question is the most important issue in China-US relations,” Foreign Ministry spokesperson Mao Ning wrote on X soon after the meeting broke up. “If it is handled properly, the bilateral relationship will enjoy overall stability. Otherwise, the two countries will have clashes and even conflicts, putting the entire relationship in great jeopardy. “Taiwan independence’ and cross-Strait peace are as irreconcilable as fire and water,” Mao went on. “Safeguarding peace and stability across the Taiwan Strait is the biggest common denominator between China and the US.”

The White House did not release its own readout of the bilateral meeting for several hours — and that statement made no mention of Taiwan. Communications director Steven Cheung refused to talk about the topic when reporters for The Post and other outlets saw him at the state banquet, instead directing them to the official statement. READ MORE

China issues ‘veiled threat’ over Taiwan to Trump and the United States

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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Bilderberg Group

The Appointment By Trump Of Bilderberg Group Operative Kevin Warsh To The Federal Reserve Shows How Deep The Global Financial Control System Runs

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1 day ago

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May 14, 2026

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Donald Trump Puts Bilderberg Insider Kevin Warsh Over The Federal Reserve As The New World Order Money Machine Keeps Right On Turning

President Donald Trump has appointed Kevin Warsh to chair the Federal Reserve, and Warsh is not some outsider brought in to dismantle the system. He is a former Federal Reserve governor, a Wall Street-connected insider, and a former member of the Bilderberg Group Steering Committee — one of the elite private forums long associated with globalist power, transatlantic policy shaping, and the New World Order agenda. That means the so-called “America First” revolution has now placed a Bilderberg-connected financier over the most powerful central bank in the world.

“Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.” James 5:3 (KJB)

The Federal Reserve is not just another government institution. It controls the money machinery of America via interest rates, liquidity, banking reserves, inflation policy, emergency lending, and the financial system that affects the entire globe. Whoever runs the Fed has influence far beyond Washington. He sits at the center of the dollar-based world order. So when Trump hands that chair to a man acceptable to the same global financial class conservatives were told he came to defeat, it tells us something important: the system is not being dismantled. It is being rebranded.

This is how the New World Order advances. It does not always arrive through open force. It comes through “stability,” “markets,” “emergency measures,” “financial reform,” “digital modernization,” and “restoring confidence.” It speaks the language of patriotism while keeping the machinery of global control firmly in place. The Bible shows us exactly where this financial centralization is headed, and we talk about it all the time on our Podcast.

“And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.” Revelation 13:17 (KJB)

The coming Beast system will be a system of worship, yes — but also a system of economic control. Buying and selling will be regulated by allegiance, identity, and compliance. We are watching the infrastructure of Revelation 13 continue to take shape in real time. Central banking, digital currency, biometric identity, programmable payments, surveillance finance, AI censorship, crisis-driven emergency powers — these are not disconnected developments, and they are all connected to Donald Trump. They are the rails upon which the final system will run. Kevin Warsh at the Fed is another flashing red light that America’s monetary system remains in the hands of the same elite class that has been steering the postwar global order for decades. Trump may speak the language of MAGA nationalism, but make no mistake, this appointment of Warsh shows you that America is run by bankers and the Bilderberg Group, and Trump is happy to be along for the ride.

Senate approves Kevin Warsh as next chairman of the Federal Reserve

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

THE PROPHECY NEWS PODCAST: Countries Around The World Beginning To Reel From The Economic Shock Being Generated By World War Trump In Iran

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2 days ago

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May 13, 2026

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Countries Around The World Begin To Feel The Economic Shock Generated By World War Trump As Inflation Skyrockets And Oil Prices Remain High

Countries around the world are beginning to feel the economic shockwaves from Donald Trump’s war with Iran, as energy prices, shipping costs, and supply-chain fears rise around the Strait of Hormuz. The New York Times reports that nations were bracing Monday for prolonged economic pain after President Trump rejected Iran’s latest offer to end the war and reopen Hormuz, calling it “garbage” and declaring the cease-fire to be “on massive life support.” What began as a military confrontation in the Middle East is now rapidly becoming a global economic event.

“Your riches are corrupted, and your garments are motheaten.” James 5:2 (KJB)

On this episode of the Prophecy News Podcast, what began as a military and diplomatic confrontation is now becoming a global economic event. Shipping costs, fuel prices, insurance rates, supply chains, inflation, and political unrest are all being pulled into the vortex. Reports today point to fears of bunker fuel shortages in global shipping, with Singapore prices said to have jumped sharply as the war squeezes maritime fuel supply. Saudi Aramco’s CEO has also warned that oil markets may not fully recover until 2027 if Hormuz disruptions continue, according to the New York Post. This is exactly how modern warfare works in the last days. It is not merely tanks, missiles, and aircraft. It’s energy, currency, food, shipping lanes, digital controls, emergency powers, and the tightening of the global system. Every war, every crisis, every supply-chain panic, every oil shock, and every government “emergency response” moves the nations one step closer to the global order that will be handed to Antichrist after the Church is removed. It’s looking more and more like US President Donald Trump is God’s man for judgment in the end times, a modern-day Nebuchadnezzar set up in the most-powerful political office on Earth.

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  • “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
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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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