Billionaires lose $335 billion since Trump's inauguration
Since Donald Trump's inauguration on January 20, 2025, several billionaires have seen significant losses. Five of them, including Elon Musk and Jeff Bezos, have lost a total of $335 billion in wealth. Before the inauguration, these billionaires experienced substantial gains, with the S&P 500 reaching record highs. Investors were optimistic about Trump's potential business-friendly policies. Now, the financial landscape has shifted dramatically, marking a stark contrast to the wealth accumulation seen prior to Trump's second term.