Jeff Bezos and his fiancée Lauren Sánchez arrive at an event in Milan, Italy on January 13, 2024. (Photo: Jacopo Raule/Getty Images)
It’s been a rough few years for most people around the world—but not these folks.
Four years ago, the United States entered the Covid-19 pandemic. Forbes published its 34th annual billionaire survey shortly after with data keyed to March 18, 2020. On that day, the United States had 614 billionaires who owned a combined wealth of $2.947 trillion.
Four years later, on March 18, 2024, the country has 737 billionaires with a combined wealth of $5.529 trillion, an 87.6 percent increase of $2.58 trillion, according to Institute for Policy Studies calculations of Forbes Real Time Billionaire Data. (Thank you, Forbes!)
The last four years have been great for particular billionaires:
On March 18, 2020, Tesla CEO Elon Musk had wealth valued just under $25 billion. By May 2022, his wealth had surged to $255 billion. As of March 18, 2024, Musk is at $188.5 billion, more than a seven-fold increase in four years.
Over four years, Amazon founder Jeff Bezos has seen his wealth increase from $113 billion to 192.8 billion, even after paying out tens of billions in a divorce settlement and donating tens of billions to charity.
Three Walton family members — Jim, Alice, and Rob — are the principal heirs to the Walmart fortune. They saw their combined assets rise from $161.1 billion to $229.6 billion.
In 2020, only one billionaire — Jeff Bezos — had $100 billion or more. Today, the entire top ten are centi-billionaires, bringing their collective wealth to a staggering $1.4 trillion.
The only billionaire on the 2020 top 15 wealthiest Americans list to see their wealth decline in four years was MacKenzie Scott. Four years ago, on March 18, 2020, the ex-wife of Jeff Bezos had a net worth of $36 billion. It has declined to $35.4 billion due to her aggressive giving to charity.
For more details on how America’s billionaires have fared since the onset of the pandemic, check out our updates page.
Greenpeace kayaktivists hold up a sign reading “stop deep-sea mining” during a November 2023 protest near a Nauru Ocean Resources Inc. exploration ship in the Pacific Ocean. (Photo: Martin Katz/Greenpeace/X)
“How can Greenpeace’s activists paddling on kayaks be a threat to the environment, but the plundering of the oceans be a solution to the climate catastrophe?”
As the International Seabed Authority kicked off its annual summit in Jamaica on Monday to discuss rules for extracting minerals from the ocean floor, Greenpeace—which could be expelled from the United Nations body over a demonstration targeting a mining company—is urging the ISA to “stop deep-sea mining, not protests.”
Representatives of 167 nations are gathering in Kingston to draft the regulatory framework for deep-sea mining, which ISA member states agreed to work out by July 2025. Although there are no current commercial deep seabed mining operations, the ISA has issued exploration licenses to state-owned companies and agencies in China, France, Germany, India, Japan, Russia, and South Korea, and to private corporations including U.K. Seabed Resources, a subsidiary of U.S. military-industrial complex giant Lockheed Martin.
The Metals Company, a Canadian startup looking to make a big splash in deep-sea mining, has been targeted by Greenpeace “kayaktivists,” who last November boarded a ship belonging to subsidiary Nauru Ocean Resources Inc. in the Pacific Ocean and occupied the vessel’s stern crane to draw attention to the potential harm that mineral extraction would cause to one of the world’s last untouched ecosystems.
That peaceful protest could cost Greenpeace its ISA observer status, as members will consider whether to punish the environmental group during this week’s conference. ISA Secretary-General Michael Lodge claimed that Greenpeace’s kayak protest posed a “serious threat” to company personnel and “the marine environment.”
Outrageous! While a few greedy companies are trying to plunder the seabed for profit, GREENPEACE could face expulsion from the UN body managing plans to begin deep sea mining 😡 Peaceful protest is a human right and we won't be silenced. #StopDeepSeaMininghttps://t.co/yJY71srI6W
However, last November a Dutch court rejected The Metals Company’s request for an injunction against the protesters, finding it “understandable” that Greenpeace took direct action in the face of “possibly very serious consequences” of the company’s mining plans.
Greenpeace plans to hold a side event at the ISA conference on Monday focusing on the right to protest.
“If Michael Lodge had put as much effort into properly scrutinizing deep-sea mining companies and ensuring transparent negotiations as he has chasing dissent, a pristine ecosystem would have a fair chance to remain undisturbed,” said Greenpeace International Deep-Sea Mining campaign lead Louisa Casson. “How can Greenpeace’s activists paddling on kayaks be a threat to the environment, but the plundering of the oceans be a solution to the climate catastrophe?”
This year’s ISA conference comes as two dozen nations are calling for a moratorium on deep-sea mining and campaigners are urging the United States to ratify the U.N. Convention on the Law of the Sea, under which the ISA was established.
“Over the past year, it’s been outstanding to see the growing call for a moratorium from countries in the Pacific, Europe, and Latin America,” said Casson. “Responsible nations at the ISA are listening to the mounting science that shows deep-sea mining would cause irreversible damage to the oceans… The momentum is on the side of a moratorium.”
🚨REMINDER: The deep sea mining industry wants to mine an area where over 5000 UNIQUE SPECIES were just discovered.
Anyone else think we should stop this industry before it starts?
There is also pushback. Last week, more than 350 former military and political leaders in the United States including former Secretary of State Hillary Clinton published a letter urging the U.S. Senate to sign and ratify the Law of the Sea in a bid to boost deep-sea mining amid rising international competition for minerals.
“Almost everyone agrees that the United States should ratify the Law of the Sea—it’s a no-brainer and has been since the treaty was adopted over 40 years ago. This might be the only thing that Greenpeace and Big Oil agree with each other on,” said Arlo Hemphill, who heads the Oceans Are Life campaign at Greenpeace USA.
“Now, deep-sea mining corporation The Metals Company has jumped on the bandwagon, hoping it will increase their chances of making it big after several costly failed ventures,” Hemphill added. “With two dozen countries already on the record opposing the launch of deep-sea mining any time soon, there is little possibility it will be permitted.”
However, earlier this year Norway became the first country to green-light deep-sea mining, a decision one environmental campaigner warned will have “severe impacts on ocean wildlife.”
Andrew mitchell with prime minister Rishi Sunak (Flickr)
Britain’s foreign minister has played the lead government role in defending the indefensible – the UK’s support of Israel as it engages in the mass killing of Palestinians.
Andrew Mitchell has consistently defended and apologised for Israel’s war on Gaza since it launched its brutal campaign following the Hamas attacks of 7 October last year.
His support, delivered in numerous parliamentary debates and questioning, is part of the UK government’s extraordinary backing of Israel.
This includessubstantial military activities not reported by Britain’s mainstream media, defence of Israel at the United Nations and ongoing negotiations to increase trade between the two countries – all taking place as Israel has killed over 30,000 Palestinians.
Mitchell’s tireless assistance to Israel while it accused by the International Court of Justice (ICJ) of “plausibly” conducting a genocide, has covered numerous aspects of Israel’s war.
‘Wrong and provocative’
In particular, the foreign minister has led the vociferous UK government rejection of South Africa’s genocide case against Israel at the ICJ.
Mitchell has said that “South Africa’s decision to bring the case was wrong and provocative”. Indeed, he has dismissed the charge of genocide against Israel as “hideous”.
In parliament, Mitchell has repeatedly said the case is “unhelpful and we do not support it”. He has added: “We do not believe that calling this genocide is the right approach. It is wrong to say that Israeli leadership, and Israel as a country, have the intention to commit genocide”.
From a small group of seasoned protesters, a lively and creative coalition of Jewish groups has come together to form a growing, visible bloc in solidarity with the Palestinians on all the protests against Israel’s war crimes in Gaza. RUTH LUKOM reports
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Our newly formed Jewish Bloc — including, among others, the Black-Jewish Alliance, Na’amod, Jews for Justice for Palestinians, the Jewish Socialists’ Group, Jewish Voice for Labour and Jewdas as well as individual Jews and activists who have come together — is now a recognised presence. No longer a curiosity.
We are getting an entirely different and sometimes quite moving response to what we have previously encountered. It is a combination of gratitude and relief as we have vindicated what everyone knew in their hearts: that what they were reading and hearing in mainstream media about British Jews being united on Israel and Palestine was a lie.
As more groups joined, our Jewish Bloc began organising more methodically. Someone knew a graphic designer and they came up with our watermelon/star logo, which has been picked up everywhere.
Before a mass demo, we talk online and arrange a meeting place which is put on to our Jewish Bloc logo and then circulated. Our numbers have grown — up to 1,000 on one demo. The people joining us are a combination of longstanding activists and other Jews who are horrified and angry at Israeli brutality but still wary of the mass protests because of the raw emotions, fear of hostility or uneasiness about the “river and sea” chants.
Since December the Jewish Bloc has met up each month with other comrades and friends for a Shabbat dinner, where we eat, drink, sing and dance with our group banners draped around the room.
But that’s just in London.
Around the country, in all the major cities, Jews are demonstrating as Jews. In Manchester, Leeds and Liverpool, Jews have joined the Palestine demos and organised vigils. Says Carla Bloom, a member of Na’amod in Brighton: “We demonstrate to all and sundry that it’s possible to be an ‘out’ Jew and not support Israel. We encourage other Jews to have the confidence to speak out against Israel — because the pro-ceasefire argument is strengthened when ‘even’ Jews espouse it.”
And Misha in Scotland says: “I will often march with a wider community group of Jewish people at the protests, or will visibilise myself as being Jewish through holding different signs. To believe in and act for Palestinian liberation is what my Judaism requires of me.
“The mainstream narrative, perpetuated by both global and mainstream British Jewish institutions, holds the belief that all Jews are zionists. I identify as Jewish at the demos to resist this narrative: to show that there is Jewish solidarity for Palestine; that there is a global community of Jews who stand in solidarity with Palestine and we are no less Jewish for this.”
People take part in an anti-racism march in central London orgainised by Stand Up To Racism and trade unions, March 16, 2024
THOUSANDS of anti-racism campaigners rallied across Britain at the weekend to reject the Tories’ “desperate attempt” to win votes by ramping up division and to show support for MP Diane Abbott.
The rallies took place just days after reports emerged that a major Tory donor had said that Britain’s longest-serving black MP “should be shot.”
And in the same week, the government ramped up its Islamophobic rhetoric, with Communities Secretary Michael Gove unveiling a new definition of extremism targeting Muslim groups.
Sabby Dhalu, co-convener of organisers Stand up to Racism, told the Morning Star: “We mobilised to reject the Tories’ ramping up of racism, Islamophobia, hatred, and division in a bid to gain votes at the general election.”
