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2020 was a good year for Michigan billionaires – the richest gained $45 billion

2020 was a good year for Michigan billionaires – the richest gained $45 billion
Updated 2:30 PM;
Today 2:24 PM
Cleveland Cavaliers owner Dan Gilbert makes remarks during the arena renaming event where Quicken Loans Arena was officially changed to Rocket Mortgage FieldHouse, April 9, 2019, in Cleveland. John Kuntz, cleveland.comcleveland.com
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On Aug. 5, 2020, Dan Gilbert was worth an estimated $7.5 billion. On Aug. 20, he was worth $45 billion.
Forbes released its annual World Billionaires List this week, noting 86% of the world’s wealthiest people are richer than they were a year ago. The world now has 2,755 billionaires, 660 more than last year.
2020 was a good year to be a billionaire – and Michigan’s richest were no exception.

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What could Joe Biden's economic plans mean for Michiganders?

What could Joe Biden’s economic plans mean for Michiganders?
Updated Feb 27, 2021;
Posted Feb 27, 2021
President Joe Biden speaks about coronavirus vaccine after touring Pfizer global supply plant in Portage, Michigan on Friday, Feb. 19, 2021. (Malachi Barrett) Joel Bissell | MLive.comJoel Bissell | MLive.com
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Joe Biden’s presidential campaign proposed a host of economic initiatives, and now that he’s in office, Michiganders are watching to see which pieces may have been empty talking points and which might come to fruition.
Back in November, when it looked like Republicans would keep the majority in the Senate, experts doubted Biden could implement much of what he’d proposed.

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