Billionaires lose $335 billion since Trump's inauguration

theage.com.au

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.


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