The Kellington Times
Private Equity Billionaire Leon Black Gave Dead And Disgraced Jeffrey Epstein $158 Million For ‘Advice’
Multibillionaire Leon Black, the cofounder and head of private equity giant, Apollo Global Management, is stepping down after over 30-years at his company. This decision comes on the heels of an outside law firm review of Black’s relationship with the controversial, convicted sex offender and now-dead Jeffrey Epstein.
With all of the drama going on lately, I know what you’re thinking— “I hope the billionaires are okay!” Well, you don’t have to worry. The billionaire class is doing just fine and dandy. In fact, U.S. billionaires have made $1.1 trillion during the pandemic. This is about 40% more money than before the outbreak started last March, according to the Institute for Policy Studies and Americans for Tax Fairness. Meanwhile, most everyone else is desperately trying to hang on by their fingernails.
The loss of work or fear of losing your job wreaks havoc on a person’s psyche. According to CBS News, “Rampant unemployment, isolation and an uncertain future could lead to 75,000 deaths from drug or alcohol abuse and suicide, new research suggests.” This is known as "deaths of despair" and is “tied to multiple factors, like unemployment, fear and dread and isolation.” The numbers of deaths could grow even higher. CBS points to a study that claims “a very slow recovery combined with the greatest impact of unemployment could result in more than 150,000 deaths of despair.”
Hanson Robotics, the company behind Sophia, plans to mass produce robots this year to help people during the pandemic. The Hong Kong-based company contends that the human-like robots can “replace workers across industries, such as healthcare and education” and “could assist customers in industries, such as retail and airlines too.” David Hanson, founder and chief executive of his eponymous company, said, “The world of Covid-19 is going to need more and more automation to keep people safe.” In light of Sophia “being so human-like,” Hanson claims, “That can be so useful during these times where people are terribly lonely and socially isolated.”
