Supporting Trump, the net worth of the top five billionaires has shrunk by over $200 billion

PANews
PANews|3月 11, 2025 03:44
The expectation of Trump's second term driving market returns higher has been dashed. At Trump's inauguration ceremony, the wealth of many billionaires sitting behind him shrank astonishingly. According to the Bloomberg Billionaires Index, the combined wealth of five individuals has evaporated by as much as $209 billion. Compared to the day of Trump's inauguration (January 20th), Musk's personal net worth has decreased by $148 billion, Bezos' personal wealth has dropped by $29 billion, Google co-founder Breen's wealth has lost $21 billion, and Zuckerberg and Arnott's wealth have evaporated by $6 billion and $5 billion, respectively. The wealth of these five billionaires has decreased by a total of 209 billion US dollars. Yesterday alone, the combined net worth of the five billionaires plummeted by $49.78 billion.
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