Elon Musk's net worth skyrocketed by $20 billion after Trump's win, solidifying his position as the world's richest man with a staggering $285.6 billion ¹. This massive surge was largely driven by Tesla's stock price, which jumped nearly 15% to its highest point since 2022 ¹. Musk was thrilled about Trump's victory, calling it a "crystal clear mandate for change" ¹.
But Musk wasn't the only billionaire who benefited from Trump's win. Jeff Bezos' net worth increased by $7 billion, while Coinbase CEO Brian Armstrong saw his wealth grow by $2.6 billion ¹. MicroStrategy's Michael Saylor also enjoyed a significant boost of $600 million ¹.
The Big Winners:
- Elon Musk: $20 billion gain, net worth now $285.6 billion ¹
- Jeff Bezos: $7 billion gain, net worth now $223.5 billion ¹
- Brian Armstrong: $2.6 billion gain, net worth now around $11 billion ¹
- Michael Saylor: $600 million gain, net worth now $6.6 billion ¹
It's worth noting that these gains were largely driven by the stock market's reaction to Trump's win, with many investors optimistic about the potential for looser regulations and lower taxes ².
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