The year 2020 has been very dramatic as a result of an unprepared pandemic which lead to so many things both bad and good but it had more to do with bad, favoring a few people with its good. The bad aspect of the pandemic has to do with a lot of lives lost and a lot of businesses that went bankrupt. While we can’t account for the individual details of people who passed away as a result of this pandemic, we can give account of major companies that went bankrupt and closed their doors as a result of it.

It is no doubt that a lot of businesses have failed and the first business that filed for bankruptcy during this pandemic is America card retailer **Papyrus** which went bankrupt at the beginning of the year before the pandemic became a thing that everyone started going on lockdown. The company however filed for bankruptcy leading to the loss of over 1000 jobs.

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[source](https://images.app.goo.gl/zMp16N2xFqYPsGbp9)

JCPenny is one of the biggest stores for cheap clothing in the United States but the pandemic spelt its doom after several years of struggling with stability but then it got a rescue after signing a deal who bought it for $800 million in cash and debt. Hertz is another company that went bankrupt, as well as Gold’s gym, yoga works.

Even health companies selling nutritional product also went bankrupt. Companies like GNC health supplement also announced the closure of its location. Oil companies also went bankrupt. Companies like Diamond Offshore. Airline companies like Latam also went bankrupt.

While so many people were going bankrupt, so many people and businesses were making money. Companies like Google enjoyed an increase in revenue as well as an increase in stock prices thereby making Co-founder Sergey Brin, Larry Page and other stock holders richer. Microsoft also saw a very high increase in stocks as well as revenue since people were keyed to their system. The increase in Microsoft Stocks made former CEO Steve Ballmer. Alibaba can also tell the good of ecommerce during the pandemic and how they had increased revenue as well as stock higher stock prices making Jack Ma, the co-founder of Alibaba increased its wealth.

Other people like Jeff Bezos and Mackenzie Scott of Amazon, Mark Zuckerberg of Facebook, and Tesla’s Elon Musk.

While some people make profit, others made losses. Every one lost different things in the year 2020 and a few people gained so many things.

Thank you for reading this post, please share with me what you lost and what you gained in the year 2020.