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Financial news you'd never have predicted before the pandemic

The fiscal facts you wouldn't have believed before COVID-19
Fact: Zoom would be worth more than the world’s top 7 airlines combined
Fact: Airbnb was worth more than the world's largest hotel chains
Fact: Tesla would be worth more than the five biggest car brands
Fact: Elon Musk is the richest person in the world
Fact: Netflix was worth more than Disney
Fact: people were paid to use green electricity
Fact: the oil price fell to its lowest level in 18 years
Fact: the oil price was negative for the first time
Fact: BP would cut 10,000 jobs
Fact: the US stock market stopped trading four times
Fact: the 10 richest billionaires lost a fortune
Fact: Jeff Bezos got significantly richer
Fact: Nasdaq reached record highs
Fact: people sold hand sanitiser for fortunes
Fact: Americans bought more guns than ever before
Fact: The US entered a recession
Fact: US unemployment hit record levels
Fact: US workers resigned in their millions
Fact: record numbers are launching their own businesses
Fact: China’s economy shrunk for the first time since records began
Fact: Australia went into recession
Fact: the UK's economy had record highs and lows
Fact: Japan spent over $2 trillion to avoid unemployment
Fact: the US spent nearly $3 trillion to stimulate its economy
Fact: Bitcoin was worth over $66,000
Fact: the Olympics was postponed, costing billions
Fact: 82% of Americans were worried about shipping delays
Fact: a 99-year-old man raised £33m ($41.7m) from his garden
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Theo Wargo/Getty Images for the Huffington Post

The fiscal facts you wouldn't have believed before COVID-19

There's no denying it: COVID-19 has flipped the world's economies and stock markets on their heads.

Since the pandemic began in March 2020, countries have entered recession, companies have seen their profits nosedive, and some of the world's super-rich have seen their net worths tumble. On the flip-side, businesses such as Zoom have experienced incredible gains, while sectors like green energy are also enjoying a boom.

With that in mind, click or scroll through our gallery to discover some of the most surprising financial facts that you'd never have believed in the pre-pandemic world. All dollar values in US dollars.

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Frances Carruthers

11 January 2021

Features

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