The 10 richest people in the world saw their fortunes increase further after the election victory of Donald Trump. The positive response of the financial markets has actually increased the value of their investments. 64 billion dollars On Thursday alone, the biggest increase since 2012, in which year Bloomberg Billionaires Index Started monitoring their assets. So he was not the only one to benefit from the tycoon’s win. Elon Musk, the world’s richest man and an ally of the president-elect.
Billionaires who have become the richest.
It’s too early to gauge the full impact on the US economy, but Donald Trump’s victory in the November 5 presidential election has already had an initial impact on the finances of the super-billionaires. According to the Bloomberg Billionaires Index, America’s richest people saw their wealth increase by $64 billion in the 24 hours after the vote. Contributing to the most significant rise since 2012, the year the Bloomberg Billionaires Index began tracking Scrooge’s fortunes, was a largely positive attitude on Wall Street.
Trump’s promises of deregulation and tax cuts have boosted shares of some US companies, including Elon Musk’s Tesla, which has A 13 percent increase in a few hours. Musk, currently the world’s richest man and a leading figure in Donald Trump’s campaign, saw his fortune increase by $26.5 billion after the vote, to $290 billion. Tesla founder and
Amazon, Blue Origin and Washington Post owner Jeff Bezos are also celebrating. In just 24 hours, the second richest man in the world saw his wealth increase 7 billion, His assets reached 230 billion. The stakes are high for the Amazon founder, as his company Blue Origin is a direct competitor to Elon Musk’s SpaceX and could be affected by the close alliance between Trump and Musk. The latter, in fact, already holds significant government contracts through Starlink, which could jeopardize the growth prospects of Bezos’ space company.
who lost after victory.
Oracle chairman and Republican financier Larry Ellison earned nearly $10 billion, bringing his fortune to $193 billion. Trump’s victory also benefited Bill Gates, whose net worth increased. 159.5 billion, And Google’s founders, Larry Page and Sergey Brin, were accused of publishing negative articles about Kamala Harris, not Kamala Harris, despite being criticized by the president-elect during the campaign against Mountain View.
After the presidential vote, Warren Buffett announced a net worth of $1.48 billion dollars, Questions are being raised about how the 94-year-old “Oracle of Omaha” will direct his investments under the new US administration. Meanwhile, former Microsoft CEO Steve Ballmer’s wealth increased by $2.9 billion in just a few hours, reaching $146 billion.
In comparison, Facebook founder Mark Zuckerberg and Meta CEO Joe $80.9 million in losses.After endorsing Joe Biden in 2020, after not taking a public position on the vote. Finally, Bernard Arnault, the only Frenchman in the group and president of LVMH, saw his wealth drop by 2.8 billion.