12 March 2025

Billionaires At Trump’s Swearing-In Have Since Lost Over $200 Billion

By Redoy K

Major billionaires who attended Trump’s January inauguration have lost a combined $209 billion in wealth over the past seven weeks, according to Bloomberg. Despite stock market gains between the election and inauguration, the S&P 500 has fallen 6.4% since Trump took office. Elon Musk lost $148 billion as Tesla shares dropped, while Jeff Bezos, Sergey Brin, Mark Zuckerberg, and Bernard Arnault have also seen significant losses.READ FULL