The combined wealth of the world’s ten richest individuals surged by $64 billion in a single day following Donald Trump’s victory in the presidential election, as reported by a major wealth index.
This increase is the largest single-day gain in the history of The Bloomberg Billionaires Index, which began tracking billionaire wealth in 2012 and is heavily influenced by U.S. tech moguls.
Elon Musk, the world’s richest person, experienced the most significant boost, adding $26.5 billion to his fortune, which now stands at $290 billion. Musk, a known Trump supporter who recently campaigned alongside him, benefited from a surge in Tesla’s share price.
Amazon founder Jeff Bezos, the second-richest individual, saw his wealth grow by $7 billion, reaching $228 billion. Meanwhile, Meta CEO Mark Zuckerberg’s net worth remained relatively stable at $202 billion.
French luxury goods magnate Bernard Arnault was the only top ten billionaire to see a decrease, losing nearly $3 billion from his fortune.
Investor Warren Buffett added $7.5 billion to his wealth, bringing it close to $150 billion. Oracle chair and long-time Republican backer Larry Ellison saw his fortune rise by nearly $10 billion, reaching $193 billion.
Microsoft co-founder Bill Gates and former CEO Steve Ballmer also saw significant gains, while Google co-founders Larry Page and Sergey Brin each increased their net worth by over $5 billion.
Top 10 richest people and what happened to their wealth on Nov 6
- Elon Musk: +$26.5bn ($290bn
- Jeff Bezos: +$7.1bn ($228bn)
- Mark Zuckerberg: -$80.9m ($202bn)
- Larry Ellison: +9.88bn ($193bn)
- Bernault Arnault: -$2.58bn ($173bn)
- Bill Gates: +$1.82bn ($159bn)
- Larry Page: +$5.53bn ($158bn)
- Sergey Brin: +$5.17bn ($149bn)
- Warren Buffett: +$7.58bn ($148bn)
- Steve Ballmer: +$2.81bn ($146bn)
