Folded America under the epidemic situation: the worlds richest mans wealth exceeds 1.5 trillion

category:Finance
 Folded America under the epidemic situation: the worlds richest mans wealth exceeds 1.5 trillion


Data source: wind

Total failure

According to Xinhua news agency, mark peron, President of the United States Federation of food and Commercial Workers International Union, said the data released by Amazon showed that U.S. companies had completely failed in protecting front-line employees in the outbreak.

In the United States, companies have no legal obligation to disclose the number of employees infected with the new coronavirus. However, according to the guidelines of the U.S. Occupational Safety and health administration, employers must ensure the safety of their working environment, let employees know whether they are likely to be exposed to the new coronavirus environment, and must track the cases of infection at work, and report hospitalization and death to the relevant departments.

This is the first time that Amazon released data on new crown infections among employees after months of appeals from employees and the labor organization, under pressure from labor organizations, health experts, politicians and the media. According to the data, from March 1 to September 19 this year, a total of 19816 American employees confirmed or presumed to be infected with the new crown, accounting for 1.44% of the 1.37 million Amazon employees in the United States.

It is understood that Amazons total number of reported infections does not include its third-party delivery drivers, who handle the last mile of delivery service. Its not clear how many contracted drivers are in Amazons third-party distribution network, but the company has previously said it has added nearly 85000 jobs in the United States, Canada, the UK, Spain and Germany.

Amazon said the infection rate of its employees was 42% lower than expected compared with the general population infection rate in the United States. If the infection rate of Amazon employees is the same as that in the community, the total number of cases will reach 33952, the company said.

In addition, Amazon said it had taken various measures to prevent the spread of the virus to protect its employees, including making more than 150 process changes to its operations to enhance security. A few months ago, it also set up its own laboratory. Since March, the company has tested thousands of employees. Recently, they have rapidly increased the number of new coronavirus tests. Recently, thousands of people have been detected every day. It is estimated that there will be 650 detection points and 50000 person times a day by November.

Christian smalls, an employee of Amazon, USA: there are people in my department who are sick every day. I hope the company can pay attention to this problem. We are very disappointed by the personnel department. The personnel department said that we have the option of unpaid leave, which cant really help us. We try to make a living and make money for our family. We cant stop working because we feel unsafe. This is unfair to us.

Fight the epidemic

Amazon spent about $4 billion in the second quarter

Amazon did invest a lot of money to improve security, spending about $4 billion on responding to the epidemic in the second quarter. However, Amazon has been boasting that the internal infection rate of the company is lower than that of the community, but according to media reports, this is not the case. At least in the middle of this year, a collective infection of employees occurred in Amazons warehouse near Minneapolis, Minnesota. The infection rate of new coronavirus exceeded the overall infection rate of the local community.

At the same time, another industrial injury report revealed more security risks in Amazons work environment.

A few days before Amazon released its employee infection data, a work-related injury report exposed another problem in Amazons work environment. In 2019, a total of 14000 employees in Amazon logistics center were seriously injured, that is, they were injured at work and needed to take a few days off or restrict their work.

This is equivalent to 7.7 serious injuries per 100 people, which is 33% higher than the 2016 level and nearly twice the industry average.

Bezos personal wealth continues to grow

Under the new epidemic situation, the global economy has suffered a huge impact. However, according to Australian News Network on May 15, the personal wealth of Amazon founder Jeff Bezos continued to grow during the outbreak. In a few years, he will become the worlds first trillion dollar millionaire. Bezos is also on the social media search.

Amazon CEO Jeff Bezos,

Source: Saul loeb|afp|gettyimages

It is reported that Bezos, as the founder of Amazons e-commerce Empire, owns more than 57 million shares of Amazon, accounting for about 11.1% of the entire Amazon. His personal wealth (mainly Amazon shares, as well as shares of some space exploration enterprises blue origin and the Washington Post, as well as some cash and other assets worth $7.1 billion) in recent years The companys share price soared. Become the richest man in the world in 2017. In 2018, his personal wealth increased to $150 billion. He is also one of the five richest people in the world who did not lose money in this years new epidemic.

New crown epidemic makes people stay at home, mainly relying on online shopping and distribution services, which makes the sales of e-commerce giant Amazon exceed $75 billion in the first quarter of this year, and nearly $89 billion in the second quarter, with a year-on-year increase of 40%, and an operating profit of $5.8 billion, a year-on-year increase of 89%. Alibaba, the second largest company in the industry, had revenue of $16.134 billion in the first quarter and $21.718 billion in the second quarter. Although Amazon has spent billions of dollars on expenses related to the new epidemic, its profits are still better than expected.

Since the outbreak of the epidemic, Amazon has been a typical representative of beneficiary companies. The companys share price has risen by 74.33% since the beginning of this year. Bezoss wealth has increased by tens of billions of dollars this year. Amazon CEO Jeff Bezoss personal net worth also soared to more than $2020 billion (about 1.58 trillion yuan), according to the data of the index.

According to CNBC, Bezos became the first richest person in human history to break the $200 billion mark. His personal wealth is now $78 billion more than Bill Gates, the number two co-founder of Microsoft.

A worker prepares the package for delivery at Amazon warehouse.

Source: seangallup|gettyimages

Comparisun, a small and micro business consulting platform, analyzes the 25 most valuable companies on the New York Stock Exchange and the top 25 richest people in Forbes, calculates their growth rate in the past five years, and predicts their future wealth growth. The study found that Bezoss wealth had grown by an average of 34% over the past five years and predicted that his wealth would reach $1 trillion by 2026.

After Amazon took the lead in the field of e-commerce, Bezos began to explore his personal interest, that is, following the example of SpaceX company of musk, blue origin company has also realized the reuse of launch vehicles, but its commercial scale and technical maturity lag behind SpaceX company. Currently, blue origin is developing lunar landers and launch vehicles to compete for contracts related to NASAs lunar landing program. In addition, Amazon plans to launch thousands of satellites in space to provide Internet services for the population on the ground. It is expected that these massive satellites will also be sent to the brother company Blue origin for launch.

With $200 billion in wealth, Bezos is richer than the three Walton brothers who control Wal Marts supermarkets, all of whom hold equal shares. It is reported that the total assets of the Walton family are $173 billion.

According to statistics, Bezos, gates and Facebook CEO Mark Zuckerberg are the only super rich in the world whose personal wealth has exceeded the $100 billion mark.

The wealth of the rich is still growing

In the United States, the most important issue is to prevent and control the new epidemic. In the view of public experts, it is too early and too urgent to restart economic activities. But the long-term shutdown has also had a great impact on American peoples lives. But for the rich, it will hardly have a big impact. Some scholars say frankly, the new crown attacks the poor, and the rich are getting richer and richer in the epidemic.

According to real-time data from Johns Hopkins University, as of October 3, 2020, the cumulative number of new coronal infections in the United States has exceeded 7.33 million, and the cumulative number of deaths has exceeded 200000.

Source: Johns Hopkins University

According to the first finance report, a poll conducted by the University of Michigans Detroit metropolitan area communities study from March 31 to April 9 showed that nearly 50% of Detroit residents said their money would very likely be used up in the next three months; about 20% of Detroit residents lived in the city Min said they were very sure that their money would run out in the next three months.

According to the poll, 35% of the surveyed Detroit residents said they had lost their full-time or part-time jobs due to the outbreak before March 1. Among these unemployed groups, 42% are parents with young children; 49% have high school education or below; 52% earn less than $30000 a year; 17% are white, 37% are African Americans, 40% are Hispanic; 52% are under 30 years old. Many African Americans in the Detroit area cannot have jobs that can be socially isolated at home. They need to go out to work to earn money, which increases their chances of being infected with the virus. However, most of the time, they are living strictly according to the requirements of social isolation.

Housing is also a crisis for Detroit residents. Nearly 50% of the local residents worry to some extent that they will have no place to live in the epidemic, and 28% of the residents are very worried that they will have no place to live in the epidemic.

Source: Peoples vision

In Florida, however, the price of eggs has tripled, but their incomes have not risen. According to the first finance report, Collins, a scholar at the Policy Research Institute of Washington think tank, said, the inequality between the rich and the poor deprives most Americans of any resources and weakens the ability of the federal government to cope with the crisis. At the same time, the billionaires are getting richer and their taxes have been falling. He also pointed out that after the 2008 global financial crisis, the wealth of American billionaires returned to the level before the crisis in less than 30 months, but the personal assets of the middle class did not return to the level before the outbreak of the financial crisis in 2019. Inequality between the rich and the poor has existed in the United States for a long time. During the epidemic, the problem became more polarized. Collins said. Extended reading fell by 7%! SMIC is subject to us export control and many measures to deal with potential impact depend on gambling? Japanese electronics giant acquired avaloq, a software developer of Swiss bank, for us $2.2 billion_ NF4425

According to the first finance report, Collins, a scholar at the Policy Research Institute of Washington think tank, said, the inequality between the rich and the poor deprives most Americans of any resources and weakens the ability of the federal government to cope with the crisis. At the same time, the billionaires are getting richer and their taxes have been falling. He also pointed out that after the 2008 global financial crisis, the wealth of American billionaires returned to the level before the crisis in less than 30 months, but the personal assets of the middle class did not return to the level before the outbreak of the financial crisis in 2019.

Inequality between the rich and the poor has existed in the United States for a long time. During the epidemic, the problem became more polarized. Collins said.