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Eight of the ten richest people in the world have collectively become richer by another 64 billion dollars thanks to the victory of Donald Trump. And his ardent supporter Elon Musk benefited the most, writes Bloomberg.
According to the publication's calculations, thanks to Trump's victory, Musk's fortune increased immediately by 26,5 billion dollars and amounted to 290 billion dollars. This was the result of an increase in the price of Tesla shares by almost 15%. And this despite the fact that the shares of competing companies, on the contrary, fell.
As Bloomberg analysts explained, Trump is likely to cancel subsidies for the purchase of electric cars introduced by Joe Biden, and also introduce additional tariffs on Chinese electric cars. It is believed that all this will benefit Tesla, as it will make the market less accessible to its competitors.
Jeff Bezos, the founder of Amazon, became richer by 7,1 billion dollars. In addition, former heads of Microsoft Bill Gates and Steve Ballmer, technology mogul Larry Ellison, former heads of Google Larry Page and Sergey Brin, famous master of investments Warren Buffett received their profit from the victory of the Republican candidate.
The only one who suffered losses from Trump's victory is the French billionaire Bernard Arnault. He lost about 1,6% of the value of his assets. According to economists, it is European corporations that can become the main victims of Trump, who previously announced the introduction of tariffs on European goods.
In addition, the founder of the Facebook social network Mark Zuckerberg is among the top ten richest people in the world. His fortune has not changed since Trump's victory - although his business is concentrated primarily in the United States. Trump has previously accused Zuckerberg of censorship for the benefit of his political enemies and threatened to retaliate.
Donald Trump won the US elections: the reaction of the markets
As I wrote, after the victory of Donald Trump in the US presidential elections, the euro fell by 1,9% against the dollar to $1,072. This is the worst performance among Group of Ten (G10) currencies to date. Analysts predict that the euro may approach parity with the US dollar next year. All because before the election, Trump promised to introduce tariffs on European goods.
At the same time, Trump's victory caused the growth of Russian and Ukrainian securities. In Russia, they believe that Trump will help destroy Ukraine faster, and in Ukraine they hope that he will help put an end to the war.
