- Musk, Bezos, Zuckerberg were among the hardest.
- Investors revel in the promise of lower taxes after the elections.
- S&P 500 SURGE TO Records the summits, Tesla’s market value has doubled.
Islamabad: The billionaire class that celebrated Donald Trump’s return to the White House now has an expensive calculation error. Barely seven weeks after its second term, the market rally which followed the re -election of Trump collapsed, annihilating $ 209 billion in the wealth of the richest investors in the world.
Elon Musk technological magnate, Jeff Bezos and Mark Zuckerberg, The news have declared, were among the hardest because economic uncertainty, political turbulence and renewed regulatory fears Roil Wall Street.
According to the Bloomberg Billionaire indexThe optimism that has been soaked on the expectations of pro-business policies has given way to market correction that has shaved billions of tickets on the main technological and general public actions.
For weeks after the elections, investors have renounced the promise of taxes and deregulation. The S&P 500 has increased to record heights, Tesla’s market value doubled and the LVMH of Bernard Arnault has climbed 7% in the middle of the expectations of a luxury boom.
Zuckerberg’s Meta Platforms Inc of Zuckerberg have even seen a 9% pre-anacute rally, with an additional 20% of the first four weeks of Trump.
Musk has briefly become the richest person in history with a fortune of $ 486 billion. But markets, like politics, are inconsistent. Since then, the S&P 500 has slipped 6.4%, the technology leading to the decline. Inflation problems, contradictory trade signals and upheavals in government policy have eroded the confidence of investors.
The so -called “magnificent seven” – Alphabet, Amazon, Apple, Microsoft, Meta Platforms, Nvidia and Tesla – saw their market capitalization combined repressing 2.7 billions of dollars during the first 50 days of Trump.
The biggest losers among billionaires
• Elon Musk (- 148 billion dollars): Musk’s net value culminated at $ 486 billion on December 17, the largest ever recorded on Bloomberg’s Wealth index. Tesla’s stock, which has almost doubled after the elections, has since erased all the gains. Sales in Germany fell by more than 70%, while Chinese deliveries have reached the lowest since July 2022, down 49% last month.
• Jeff Bezos (- 29 billion dollars): Amazon’s shares have dropped 14% since mid-January, despite Bezos’ efforts to smooth relations with Trump, including a donation of $ 1 million to its inauguration fund.
• Sergey Brin (- 22 billion dollars): the co-founder of Google, which holds a 6% stake in Alphabet, initially opposed Trump policies but then sought a dialogue. Alphabet shares fell 7% in February after missing income estimates, and the company is under pressure from the Ministry of Justice to break its research unit.
• Mark Zuckerberg (-$ 5 billion): Meta led the magnificent seven at the beginning of 2025, displaying a gain of 19% between mid-January and mid-February. However, these gains have since evaporated, Meta’s value has now dropped by 20% compared to its peak in mid-December.
• Bernard Arnault (- 5 billion dollars): the LVMH of the French luxury magnate initially climbed 20% after the elections, but has since produced gains in the middle of the fears of American prices on European luxury products and weaken demand.