Billionaire Roundup: Still Social Distancing
Billionaires, they are like us in a pandemic – sitting at home and on TV content. They just do it in much nicer houses. And perhaps, like Bill Gates, they have been storing food for years in anticipation of a global pandemic. I mean, at least he can take shelter in his 66,000 square foot home in the Seattle area. Billionaires also have access to COVID-19 tests that ordinary people do not have.
However, times are tough right now. Virgin Australia airlines owned by Sir Richard Branson have filed for bankruptcy. He is now seeking help from the British government to save his airline. And finally, while some states are loosening and reopening the restrictions, California has appointed a people commission to help the state loosen the restrictions in the future. The commission is made up of one of the leaders of Who’s Who of California, including former governors, billionaire Tom Steyer and former Disney chef Bob Iger. Stay at home. Stay in good health. This is the latest edition of the Billionaire Roundup.
Bill Gates has been storing food for years
Bill and Melinda Gates seem to have been storing food in the basement of their 66,000 square foot home for years. It makes sense if you think about it, the Bill and Melinda Gates Foundation focuses, among other things, on public health and infectious diseases. Bill left Microsoft to lead this branch of his foundation. He has been studying pandemics and talking to experts for years. And Xanadu 2.0, his house, is ready. In a BBC radio interview, Melinda Gates said:
“A number of years ago we talked, you know, what if there was no clean water? And if there was not enough food? Where could we go “What could we do as a family? So I think we should leave those preparations to ourselves. But absolutely we had prepared and had, you know, food in the basement just in case.”
Bill gates warned people about a pandemic for years, saying in a TED Talk 2015 that the world was not “ready for the next epidemic” and echoing the sentiment in a 2017 editorial where he wrote that the next epidemic could being “a super-contagious and deadly strain of the flu.” In early April, Gates said that the coronavirus pandemic would be the “biggest event” in most people’s lives. On April 15, the Bill and Melinda Gates Foundation announced that it would provide $ 150 million in funding to obtain additional medical supplies and help scientists discover treatments and a vaccine for COVID-19. The foundation has donated a total of $ 250 million to support global coronavirus response efforts.
Billionaire access to the Angers community to test coronaviruses
Neighbors ignited in Saint-Tropez on the Côte d’Azur after it was revealed that billionaires had access to COVID-19 tests while residents of lesser means did not. Les Parcs de Saint-Tropez is a closed complex where some of the richest people in the world own houses. The community has its own private test site. Billionaire residents and their friends are eligible for the virus test there. The exclusive service is rendered thanks to the president of the association of owners of the complex, Jean-Louis Oger. Oger is a wealthy pharmacist turned entrepreneur who owns several clinics and laboratories in the south of France. Bernard Arnault, President of LVMH, Lakshmi Mittal, Indian steel magnate, and former Harrods and current owner of the Ritz Paris Mohamed Fayed all own sumptuous villas within the grounds.
Residents were angry when they discovered that the complex had access to tests while the nearest hospital, the Gulf Health Center, did not have access to coronavirus tests. When told that the Saint-Tropez hospital had not undergone any tests, Oger would have replied: “It is not my concern”.
Richard Branson calls for government bailout as Virgin Australia files for bankruptcy
Sir Richard Branson Virgin Australia is the second largest airline in the country. This week, he went into voluntary bankruptcy protection, with the coronavirus pandemic having virtually stopped travel around the world. Virgin Australia filed for bankruptcy after failing to obtain the required financial aid from state and federal governments in Australia. Virgin Atlantic is also on the verge of bankruptcy. At the start of the pandemic, Branson asked his airline staff to take eight weeks’ leave without pay. He was strongly criticized for the move, with members suggesting that Branson should use his net worth to pay for leave without pay and that it could be covered by “interest on your wealth””. Branson has a net worth of $ 5.1 billion.
Branson wrote an open letter to “the Virgin family” in which he thanked his 70,000 employees and made “comments” on his “net worth” and the government’s need for money to support the companies they work for. Last week, the UK government asked Virgin Atlantic to resubmit its $ 622 million bailout for coronavirus after the government rejected Branson and Virgin’s initial offer.
California appoints 80-member task force to tackle COVID-19 economy
On Friday April 17, California Governor Gavin Newsom announced the creation of a new 80-member task force at his noon press conference. The committee includes the four former living California governors – Jerry Brown, Arnold Schwarzenegger, Gray Davis and Pete Wilson. Other members include former presidential candidate and billionaire Tom Steyer, Tim Cook of Apple, former president of the Federal Reserve Janet Yellen, Bob Iger of Disney and Marc Benioff of Salesforce. The committee will develop a strategy to help California recover as quickly and safely as possible from the COVID-19 recession. There have been almost three million jobless claims in California since the closure. In Los Angeles County, only 45% of residents are still employed.