The return of Donald Trump to the post of US president has become a powerful factor in the record growth of the fortunes of the richest people on the planet. Among them are billionaires like Elon Musk and Jeff Bezos, whose fortunes have increased significantly amid the political changes.
According to Bloomberg, the combined net worth of the ten richest people in the world increased by $63.5 billion after the announcement of Trump's return to the White House. Of that amount, 26.5 billion went to Musk, which was the largest one-time gain since the launch of the Bloomberg index in 2012. This impressive growth is largely due to the positive reaction of the stock market and changes in US economic policy.
The main reason for such changes is the increase of the S&P 500 index by 2.5%, as well as the strengthening of the dollar. Investors are confident that Trump's economic program, which includes tax cuts and reduced government regulation, will boost stocks and financial assets. Such political and economic changes are expected to have a positive impact on the market and financial assets in the US.
A significant growth of assets was also observed in the cryptocurrency sector. The fortune of Changpeng Zhao, the founder of the cryptocurrency exchange Binance, increased by $12.1 billion, and the capital of Coinbase co-founder Brian Armstrong increased by 30%, reaching $11 billion. This indicates the stable interest of investors in cryptocurrencies, which additionally supports the growth of the wealth of the richest people.
In particular, Elon Musk, who actively supported Trump during his election campaign, has a chance to get an official position in the new administration. Such a perspective can significantly strengthen its influence in both political and economic circles, creating new opportunities for business development and investment projects.
This record increase in the fortunes of the world's richest people is clear evidence of how changes in the political situation can affect financial markets and the capital of the largest entrepreneurs. At the same time, it emphasizes the importance of economic and political programs capable of changing investment attitudes and determining the direction of development of the world economy.
e-finance.com.ua