Home ยป Trump's Victory Increases the Wealth of the Top 10 Richest People: Musk Tops the List

Trump's Victory Increases the Wealth of the Top 10 Richest People: Musk Tops the List

by alex

The victory of Republican Donald Trump in the US presidential election led to a sharp jump in the stock market, as a result of which the richest people on the planet became richer in one day by a record $63.5 billion.

The corresponding result was published by the Bloomberg agency.

Trump's victory in the US — Billionaires Index Rating

The first place in the agency's Billionaires Index rating went to SpaceX owner Elon Musk, who closely communicates with the winner of the presidential race.

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A day after Trump's victory, Musk's fortune grew by $26.5 billion, and now stands at $290.3 billion.

The next step in the top 10 billionaires rating after the announcement of the winner was taken by the founder of the Oracle database management company Larry Ellison.

His fortune increased by $10 billion and now exceeds $193 billion.

Berkshire Hathaway investment fund CEO Warren Buffett came in third place, increasing his fortune by $7.58 billion (to $147.8 billion), while Amazon founder Jeff Bezos came in fourth, with his fortune increasing by $7.15 billion and now amounts to $228.3 billion.

This situation on the stock market is explained by high investor expectations of Trump's policies.

In particular, he promised to reduce taxes, ease regulations and take other measures aimed at supporting business.

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