The wealth of the 10 richest people in the world increased by a total of a record $63.5 billion after the victory of Republican Donald Trump in the US presidential election. The agency reported thisBloomberg.
According to him, this is the largest daily increase since the agency began maintaining the Billionaires Index in 2012.
In particular, the biggest gainer from the election outcome was the world's richest man, Elon Musk, whose fortune grew by 10.1% ($26.5 billion) after Trump's victory, reaching $290.3 billion. The founder of the online retailer Amazon, Jeff Bezos, in second place in the ranking, in one day became 3.2% ($7.14 billion) richer, and the head of Oracle Corporation Larry Ellison - by 5.4% ($9.88 billion).
Indirect beneficiaries of Trump's victory also included Microsoft creator Bill Gates, former CEO of this corporation Steve Ballmer, Google founders Larry Page and Sergey Brin, Berkshire Hathaway head Warren Buffett and crypto exchange heads Brian Armstrong and Changpeng Zhao.
According to Bloomberg, the reason for the sharp increase in the fortunes of billionaires was a jump in stock prices of American companies amid expectations that Trump's arrival in the White House will contribute to tax cuts and easing of financial regulation. "American financial assets, especially equities and the dollar, should rise significantly," said Sami Chaar, chief economist at Lombard Odier. Thus, the agency notes that against the backdrop of reports of Trump’s victory, the dollar began to strengthen, and the S&P 500 index jumped by 2.5%.
In particular, the biggest gainer from the election outcome was the world's richest man, Elon Musk, whose fortune grew by 10.1% ($26.5 billion) after Trump's victory, reaching $290.3 billion. The founder of the online retailer Amazon, Jeff Bezos, in second place in the ranking, in one day became 3.2% ($7.14 billion) richer, and the head of Oracle Corporation Larry Ellison - by 5.4% ($9.88 billion).
Indirect beneficiaries of Trump's victory also included Microsoft creator Bill Gates, former CEO of this corporation Steve Ballmer, Google founders Larry Page and Sergey Brin, Berkshire Hathaway head Warren Buffett and crypto exchange heads Brian Armstrong and Changpeng Zhao.
According to Bloomberg, the reason for the sharp increase in the fortunes of billionaires was a jump in stock prices of American companies amid expectations that Trump's arrival in the White House will contribute to tax cuts and easing of financial regulation. "American financial assets, especially equities and the dollar, should rise significantly," said Sami Chaar, chief economist at Lombard Odier. Thus, the agency notes that against the backdrop of reports of Trump’s victory, the dollar began to strengthen, and the S&P 500 index jumped by 2.5%.
Voting in the US elections ended on the morning of November 6, Moscow time. The official results have not yet been summed up, but, according to American media, Trump has already won about 300 electoral votes with the required 270. He himself has already declared himself the 47th president of the United States. The ruling Democratic Party candidate Kamala Harris admitted defeat and named the Republican the president-elect.
