Filthy Lucre and Profound Wealth

Jason Kempin/Getty Images

Elon Musk and Grimes at the 2018 Met Gala

The world is stumbling through a global pandemic with nation after nation watching helplessly as their economies crumble, stock market values tumble, businesses fail, great corporations are prostrated, and pharmaceutical companies rush to develop a life-saving vaccine -- and all the while their health-care systems are overwhelmed with mounting cases of a coronavirus that has crushed the lives of millions of people.

Yet, all is not lost. The world's wealthiest billionaires are in fine shape, according to the Bloomberg Billionaires Index which ranks the world's 500 wealthiest people in order of the riches they have amassed. For the past eight years those rankings have informed a curious world of the wealth that some individuals have been able to accrue to themselves. And this year, which has seen nations stumble to their financial knees, the ultra-wealthy are doing just fine, thanks for asking.

Amazon's Jeff Bezos is now acknowledged as the wealthiest man in the world. Bill Gates has been dumped south, from the second richest man on Earth, to third-place status. And Elon Musk, who in January ranked 35th in wealth among the 500 billionaires the report names, added $100.3 billion to his net worth in the year 2020, for a total of $127.9 billion, the year that spelled disaster to Planet Earth. That princely sum added to his net worth has brought him to the position of second wealthiest man on this blue planet.

Microsoft Corp.'s Bill Gates's net worth of $127.7 while powerfully rich, has been diminished from the heights it might have reached had he not donated considerable portions of his vast wealth to charity, in giving over $27 billion to the Bill Gates Foundation, since 2006. He appears to have been more than willing to surrender the top spot in soaring wealth in favour of funding research in viruses to rescue humanity from dread diseases.

There are notable differences between Gates and Musk, the former believing in vaccine research and putting his money where his mouth is, as opposed to the values of the latter who questions pandemic data, finding comfort in certain conspiracy theories. And just as urban legend often speaks of the peculiar social mores and twisted morals of the very rich, there are examples that reveal the inner value core of such people.

The COVID-19 pandemic has undeniably made for a poorer world for most of Earth's inhabitants. Millions have lost employment, millions have become ill and the lingering effects of the SARS-CoV-2 virus causing COVID will bedevil some people all their lives, those spared the devastation of more immediate life-taking complications. Governments have had to borrow vast sums in funding to financially support their desperate populations.

Widespread layoffs disproportionately affecting the working class and the poor, poverty is increasing exponentially. In marked contrast to the members of the Bloomberg index having collectively profited by gaining 23 percent (roughly $1.3 trillion-worth) since the beginning of the year when a mysterious pneumonia-like illness began to emerge in Wuhan, China and all too soon spread world-wide to wreak havoc everywhere.

•X, the unknown variable

•Æ, my elven spelling of Ai (love &/or Artificial intelligence) •A-12 = precursor to SR-17 (our favorite aircraft). No weapons, no defenses, just speed. Great in battle, but non-violent

+ (A=Archangel, my favorite song) (

metal rat)

The world's second richest man's partner is a Canadian-born entertainer, sufficiently successful in her career to have made a name for herself, and the owner of her own recording company, Crystal Math Music Inc. Her stage name is Grimes, her true name Claire Elise Boucher, born in British Columbia and an alumni of McGill University. The staff she employs at her recording company applied to a granting agency on her  behalf.

This is a woman, while a reportedly gifted musician and entertainer, lives in California with her love partner, Elon Musk, and their young son whom they named XAE A-XII. Factor, a Canadian arts subsidy program partially funded by the Government of Canada, awarded her a $90,000 grant. She evidently under the eligibility criteria of the funding body seems fully qualified, irrespective of the fact that she no longer lives in Canada, though listed as a Quebec artist.

So a woman with a successful entertaining career who owns her own recording company appealed to a partially publicly-funded arts-grant group for a grant acknowledging her contribution to Canadian entertainment. That she has access to undreamed-of wealth, living with the world's second-most wealthy man appears incidental; she has not hesitated to take the grant and he appears uninvolved with the moral implications.

Among which is the fact that entertainers of all kinds in the world of art are struggling to assert their talents in circumstances where public venues revolving around art and entertainment are now closed off to them, and while continuing to polish their talents in hopes of better days to come, seek gainful employment in the ill-paid services industries in hopes of earning a living to get by current difficulties. 

F.Scott Fitzgerald was right when he penned that throw-away line that "the rich are not like you and me".