Trump's election victory boosts wealth of top 10 billionaires by $64 billion
The wealth of the world's ten richest people surged by a record $64 billion following Donald Trump's presidential election victory. This increase is the largest daily gain since the Bloomberg Billionaires Index began in 2012. Elon Musk saw the biggest boost, adding $26.5 billion to his fortune, now totaling $290 billion. Other notable gains included Jeff Bezos, who increased his wealth by $7 billion, and Larry Ellison, who gained nearly $10 billion. The rise in wealth was driven by a surge in U.S. stocks, as investors anticipated favorable economic policies under Trump. The only billionaire to lose money was Bernard Arnault, whose fortune fell by nearly $3 billion.