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U.S. billionaires, celebs get millions from program intended to save jobs

Kanye West: Nearly $2.4 million.

Jay-Z: $2.1 million.

Jared Kushner: $3 million.

Diddy: $1.9 million.

Paul Pelosi: $$1.7 million.

Khloe Kardashian: $1.2 million.

Tom Brady: $960,000.

Those are the names of some of America’s highest-profile celebrities, and some of the richest, and what they were paid from the COVID mitigation program that offered forgivable loans to keep Americans in their jobs during the pandemic.

The research comes from the Daily Mail, which explained that most of PPP loans, with a few exceptions for a couple that could not be determined, have been forgiven.

“It pays to be rich!” snarked the U.K. publication.

“The companies of mega-rich celebrities, including billionaires Kanye West and Jay-Z, received millions in government PPP loans – and in virtually every case the A-listers have been let off the hook for paying back the full amount,” the publication reported on its research.

“In all but two of the cases we examined, the company was ‘forgiven’ despite the star owners being multi-millionaires. The status of the others is unknown.”

The report said the loan program cost U.S. taxpayers $935 billion, and the University of Texas estimated about $76 billion was fraudulent.

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