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Trump's victory helped boost the stock market, making these 5 billionaires the biggest winners in net assets growth.
After the Wednesday election, with the stock market rising, the wealth of the world's richest people has significantly increased.
Trump returns to the presidency, Musk gets richer! The wealth of the top ten billionaires set a record increase of over $60 billion.
Trump won the US presidential election, and the top ten richest people in the world recorded a record increase of about $63.5 billion; the US stock market and the US dollar rose due to the election results, with Musk, Bezos, and Ellison leading the way in wealth growth.
Trump wins the US election, global top ten billionaires' wealth surges by more than $60 billion.
After Trump won a second term as president, the wealth of the top ten billionaires globally surged, with a record single-day increase. The Bloomberg Billionaires Index shows that the total wealth of the top ten billionaires globally, led by Musk, increased by 63.5 billion USD on Wednesday. Musk alone added 26.5 billion USD. Amazon's Bezos and Oracle's Larry Ellison also saw significant increases in their assets. This is the largest single-day increase since the Bloomberg Billionaires Index was launched in 2012. The substantial increase in the fortunes of these super-rich individuals is largely attributed to the surge in the US stock market, highlighting market expectations of tax cuts and regulatory reductions under Trump's return to the White House.
Trump's Victory Boosts Billionaires' Wealth. Musk and Bezos Are Winners, Too. -- Barrons.com
With the arrival of the Trump 2.0 era, what big changes will the technology industry in the USA face?
①Without a doubt, Musk will be the biggest beneficiary; ②With the heads of the SEC and FTC being 'fired', the cryptos industry, technology giants such as Apple, are expected to see a bullish trend; ③Google will be an exception.
Trump sparks a rally in the US dollar! US stocks and bitcoin hit new highs, with the Dow rising 1500 points, small cap stocks surging, while US bonds and metals plummet.
Dow rises to the best level in two years, small cap index rises nearly 6%, banking stocks rise over 10%, oil, steel, and crypto stocks surge, European and American solar stocks all collapse, Trump media technology rises by almost 35% before closing up by about 6%, Tesla rises by nearly 15% to a two-year high, Qualcomm rises by 10% after the bell. Chinese concept stocks narrow their declines, NIO Inc and Zeekr drop over 5%. 10-year US Treasury yield rises the most by 20 basis points nearing 4.48%, reaching a four-month high along with a 1.7% rise breaking 105 in the USD index, Bitcoin rises by 9% nearing $0.076 million, offshore RMB drops by a thousand points to below 7.20, a three-month low, Euro and Yen once fell by 2%. Gold drops over 3%, London copper drops over 4%.
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