World News@lemmy.worldEnglish · 13 hours ago

Trump’s victory adds record $64bn to wealth of richest top 10

www.theguardian.com

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Trump’s victory adds record $64bn to wealth of richest top 10

www.theguardian.com

HellsBelle@sh.itjust.works to

World News@lemmy.worldEnglish · 13 hours ago

Share surge increases Elon Musk’s fortune by $26bn in a day as Jeff Bezos, Sergey Brin and Bill Gates also benefit

The wealth of the 10 richest people in the world – a list dominated by US tech billionaires – increased by a record amount after Donald Trump’s victory in the presidential election, according to a widely cited index.

The Bloomberg Billionaires Index estimated that the world’s 10 wealthiest people gained nearly $64bn (about £49.5bn) on Wednesday, the largest daily increase since the index began in 2012.

Elon Musk, the world’s richest person, registered the largest increase with a $26.5bn addition to his fortune, which now stands at $290bn. The prominent backer of Trump’s campaign, benefited from a surge in the share price of Tesla, the electric carmaker where he is chief executive and in which he owns a 13% stake.

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assaultpotato@sh.itjust.works
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12 hours ago
Guy making $8/hr: the economy is better now
- maplebar@lemmy.world
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  10 hours ago
  Any day now eggs will go back to costing what they did in 1992…
  - nolannice@lemmy.world
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    6 hours ago
    I agree with this take. It’s like people have the grocery prices from when they first started living on their own seared into their brains.
    - overload@sopuli.xyz
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      4 hours ago
      Don’t call me out like that…
  - affiliate@lemmy.world
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    5 hours ago
    what was that? like $4?

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