Billionaires lose $335 billion since Trump's inauguration

Since Donald Trump's second term began, several billionaires have lost significant wealth. Five billionaires, including Elon Musk and Jeff Bezos, have seen a combined loss of $335 billion, according to the Bloomberg Billionaires Index. Before Trump's inauguration, these billionaires enjoyed record highs in their fortunes, driven by rising stock markets. However, the S&P 500 has dropped nearly 7% since January 20, largely due to market instability and layoffs. Musk's net worth has decreased by $157 billion, while Bezos has lost $31 billion. Other notable losses include Sergey Brin at $23 billion and Mark Zuckerberg at $8 billion, as their companies face declining stock values.