TechFlow 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 steepest 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 capitalization drop caused Mark Zuckerberg to lose $5 billion; and LVMH share price corrections reduced Bernard Arnault's wealth by $5 billion.
Since January 17—the last trading day before the inauguration—the combined market value of the companies behind these billionaires has fallen by $1.39 trillion, making them the market’s "biggest losers."
