World's richest people gain record $64 billion after Trump's re-election
On Wednesday, the world's ten richest people gained a record $64 billion in wealth, following Donald Trump's re-election. This marks the largest daily increase since Bloomberg's Billionaire Index began in 2012. Elon Musk led the gains, adding $26.5 billion to his fortune, bringing his total to $290 billion. Other notable increases included Jeff Bezos, who gained $7.1 billion, and Larry Ellison, who saw a rise of $5.5 billion. The stock market rallied after the election, driven by expectations of pro-business policies under Trump. Shares of Trump Media & Technology Group also surged, briefly increasing in value by 35%.