Trump’s Re-election Boosts Billionaires’ Fortunes: Musk Leads With $26.5 Billion Surge

While Donald Trump’s victory in the US election garnered significant attention, the financial landscape also witnessed a dramatic shift. Eight out of the nine American billionaires in the Bloomberg Billionaires Index’s Top 10 saw their wealth skyrocket, with a collective surge of $63.5 billion. Elon Musk emerged as the biggest beneficiary, with his wealth soaring by $26.5 billion, likely due to his vocal support for Trump. Other prominent figures like Jeff Bezos, Larry Ellison, and Bill Gates also experienced substantial gains, highlighting the impact of the election on the world’s wealthiest individuals.

Scroll to Top