3 Billionaires At Trump’s Inauguration Have Lost $209 Billion Since Start Of Second Term
The wealthy tech leaders Elon Musk, Jeff Bezos and Mark Zuckerberg, who attended Donald Trump’s second presidential inauguration, have since lost a combined $209 billion.
The period between Trump’s election and his inauguration was a profitable time for the wealthiest people in the world, with the S&P 500 Index hitting many all-time highs. Musk, Bezos and Zuckerberg benefited from robust stock market performance. However, after eight weeks, Trump’s second term has led to massive financial setbacks for the billionaires who attended his inauguration, with their combined wealth declining by $209 billion, according to the Bloomberg Billionaires Index.
>More: Elon Musk Says Trans Daughter Was Killed By ‘Woke Mind Virus‘
Musk’s net worth suffered the most, dropping by $148 billion since January 20. He saw his net worth peak in December 2024 at $486 billion, the highest ever recorded by the Bloomberg wealth index.
The Tesla CEO used almost $300 million of his fortune...
The period between Trump’s election and his inauguration was a profitable time for the wealthiest people in the world, with the S&P 500 Index hitting many all-time highs. Musk, Bezos and Zuckerberg benefited from robust stock market performance. However, after eight weeks, Trump’s second term has led to massive financial setbacks for the billionaires who attended his inauguration, with their combined wealth declining by $209 billion, according to the Bloomberg Billionaires Index.
>More: Elon Musk Says Trans Daughter Was Killed By ‘Woke Mind Virus‘
Musk’s net worth suffered the most, dropping by $148 billion since January 20. He saw his net worth peak in December 2024 at $486 billion, the highest ever recorded by the Bloomberg wealth index.
The Tesla CEO used almost $300 million of his fortune...
- 3/23/2025
- by Alessio Atria
- Uinterview
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