World’s Richest Musicians Gobbled Up $200 Million in Taxpayer COVID Relief Grants: Report
A federal COVID relief program designed to assist entertainment venues that were largely shuttered during pandemic-related lockdowns was so poorly managed that hundreds of millions of dollars may have wound up in the hands of wealthy entertainers who didn’t need the money.
That’s the finding of an Insider investigation, which named names of some of the richest beneficiaries of the federal Shuttered Venue Operators Grant.
One example was Chris Brown, an R&B musician estimated to be worth about $50 million. He received $10 million in federal grants, Insider reported.
Another was Austin Richard Post, better known as Post Malone, who is thought to have a net worth in the same range.
