Five of the world’s richest people who attended Trump’s inauguration lost $209 billion since Jan 20
Following the inauguration of Donald Trump, financial setbacks have plagued five major tech billionaires, with a combined loss of $209 billion. Teslas Elon Musk has seen his wealth plummet by $148 billion,
Shocking amount five billionaires have lost combined since sitting behind Trump at inauguration
Elon Musk, Jeff Bezos, Mark Zuckerberg, Bernard Arnault and Sergey Brin stood in support of Donald Trump at his inauguration
Billionaires who attended Trump’s inauguration have since lost $209 billion
Billionaires who attended Trump’s inauguration have lost a combined $209 billion amid market turmoil and policy shifts.
Opinion
Trump Is Costing His Billionaire Buddies a Lot of Money
Any momentary market gains boosted by Trump’s return to the Oval Office have since vanished. The S&P 500 has lost 6.4 percent since the inauguration, largely thanks to Trump’s whiplash tariff proposals and a mass layoff sweeping the federal government under Musk’s direction.
Five of the world’s richest people attended Trump’s inauguration. They have lost $209 billion since that day
Musk — who owns both SpaceX and Tesla — saw his net worth peak in December at a whopping $486 billion, the highest-ever recorded by the Bloomberg wealth index. Musk used nearly $300 million of his fortune to support Trump’s presidential campaign and other MAGA allies throughout 2024.
Billionaires at Trump’s Inauguration Lose $209 Billion in Just a Few Weeks
Things are not going great for five of the billionaire guests of President Donald Trump at his inauguration. Technology company CEOs Elon Musk, Jeff Bezos, and Mark Zuckerberg, as well as Google co-founder Sergey Brin and luxury goods conglomerate boss Bernard Arnault have collectively lost $209 billion in wealth since then,
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