World's richest billionaires gain $63.5 billion after Trump's election win
The wealth of the world's ten richest people increased by $63.5 billion following Donald Trump's election win. This surge was driven by rising U.S. stock prices, as investors anticipated tax cuts and deregulation in Trump's second term. Elon Musk saw the largest gain, adding $26.5 billion to his fortune as Tesla shares rose 15%. Jeff Bezos gained over $7 billion, bringing his total to $228 billion, while Larry Ellison's wealth increased to $193 billion. Bitcoin also reached a record high of over $76,000, benefiting crypto entrepreneurs. Coinbase co-founder Brian Armstrong's net worth rose by 30% to $11 billion, and Binance founder Changpeng Zhao gained $12.1 billion, reaching $52.7 billion.