The Ultra-Rich Who Crushed It In 2020 Are Now Bracing For The "Backlash" | WHAT REALLY HAPPENED X-Frame-Options: DENY X-Frame-Options: SAMEORIGIN

The Ultra-Rich Who Crushed It In 2020 Are Now Bracing For The "Backlash"

If there was one topic we covered at length over the course of 2020, it was how the rich were getting much richer as a result of global "stimulus" disguised as helping the little guy.

For example, Elon Musk saw his net worth rise by over $100 billion during 2020 alone. And Musk is just a microcosm of a top 1% that saw a tremendous windfall from Central Banks printing fake money to prop up global capital markets. Reuters reports that "nearly two thirds" of the world's billionaire class put together larger fortunes in 2020. Forbes estimated billionaires got 20% richer in 2020 by mid-December.

Now, the rich are starting to brace "for the backlash" of both widening inequality and markets eventually turning against their favor, Reuters reports.

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