Musk and Bezos see wealth surge as Trump wins election and Wall Street rallies
Elon Musk and Jeff Bezos saw significant increases in their net worth following Donald Trump's election win. Musk's wealth rose by nearly $21 billion, reaching $285.6 billion, while Bezos gained $7 billion, bringing his total to $223.5 billion. Wall Street also experienced a surge, with the S&P 500 rising by 1.9% and the Dow Jones climbing 3% to 43,508 points. Other billionaires, including Larry Ellison and Warren Buffett, also saw their fortunes grow. In contrast, Mark Zuckerberg's net worth declined. Several executives from the cryptocurrency and tech sectors, like Brian Armstrong and Vlad Tenev, also reported increases in their wealth.