Strongly supporting Trump, five billionaires have seen their fortunes shrink by over 200 billion dollars
ChainCatcher news, the expectation that Trump's second term would drive market gains has evaporated. At Trump's inauguration, the wealth of many billionaires sitting behind him has astonishingly shrunk.
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 20), Musk's personal net worth has decreased by $148 billion, Bezos's personal wealth has dropped by $29 billion, Google co-founder Brin has lost $21 billion, and Zuckerberg and Arnault have seen their fortunes shrink by $6 billion and $5 billion, respectively. The total wealth of these five billionaires has decreased by $209 billion. Just yesterday alone, the combined net worth of the five billionaires plummeted by $49.78 billion.
