New York: The US presidential poll results have led to a surge in market valuations and volatility. Donald Trump’s return to the White House has sent a wave of elation across the US’ business world. That the world’s richest billionaire, Elon Musk, cheered Trump during his campaign and accompanied him onstage during the victory speech is not a sight lost to political and market watchers.
Despite misgivings about how Trump’s policies may affect Musk’s EV business, TEsla’s stocks have surged to record highs this week. Since the bulk of Musk’s wealth comprises stock holdings in Tesla, his net worth surged $26.5 billion to $290 billion this week as he inched close to reprising his status at the world’s first billionaire whose net worth exceeds $300 billion.
How much did world’s top 10 billionaires gain
According to a calculation of data on the Bloomberg Billionaire’s Index, the world’s top 10 billionaires, from Elon Musk to Warren Buffett, gained $64 billion combined after Trump’s win.
Donald Trump’s win in the US presidential polls led to a windfall for the world’s 10 richest billionaires. Know how much Elon Musk and others gained. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
