Five billionaires who attended Trump's inauguration have collectively lost $209 billion in personal wealth over the past seven weeks, with their companies' market value shrinking by $1.39 trillion.
TechFlow Selected TechFlow Selected
Five billionaires who attended Trump's inauguration have collectively lost $209 billion in personal wealth over the past seven weeks, with their companies' market value shrinking by $1.39 trillion.
According to the Bloomberg Billionaires Index, in the seven weeks since the start of Trump's second term, the combined personal wealth of five billionaires who attended his inauguration has dropped by $209 billion. Elon Musk suffered the largest decline, losing $148 billion; Amazon founder Jeff Bezos saw his fortune shrink by $29 billion; Google co-founder Sergey Brin lost $22 billion; Meta's market value retreat caused Mark Zuckerberg to lose $5 billion; and a pullback in LVMH Group's stock price reduced Bernard Arnault's wealth by $5 billion. Since January 17 (the day before the inauguration),...
Navigating Web3 tides with focused insightsTechFlow reports on March 11, according to the Bloomberg Billionaires Index, in the seven weeks since the start of Trump's second term, five billionaires who attended his inauguration have collectively lost $209 billion in personal wealth.
Elon Musk suffered the largest decline, losing $148 billion; Amazon founder Jeff Bezos saw his fortune shrink by $29 billion; Google co-founder Sergey Brin lost $22 billion; Meta's market value retreat caused Mark Zuckerberg to lose $5 billion; and a share price correction at LVMH reduced Bernard Arnault's wealth by $5 billion.
Since January 17—the last trading day before the inauguration—the combined market capitalization of the companies behind these billionaires has declined by $1.39 trillion, making them the biggest losers in the market.
Join TechFlow official community to stay tuned
Telegram:https://t.me/TechFlowDaily
X (Twitter):https://x.com/TechFlowPost
X (Twitter) EN:https://x.com/BlockFlow_News
