Wealthy American businessmen who participated in Trump's inauguration ceremony have seen their homes drop by $1.39 trillion over the past 7 weeks

律动BlockBeats
律动BlockBeats|Mar 11, 2025 06:07
On March 11th, according to Bloomberg Billionaires Index, many billionaires who sat behind Trump at his inauguration ceremony in the Capitol Building during the seven weeks since his second term began experienced a stunning reversal in their wealth, with five of them losing a total of $209 billion Elon Musk's personal wealth evaporated by $148 billion; Bezos' net worth shrinks by $29 billion; Google co-founder Sergey Brin's wealth decreased by $22 billion; Meta's market value decline resulted in Zuckerberg losing $5 billion; LVMH's stock price correction has caused Arnault's net worth to shrink by $5 billion. Since January 17th (the last trading day before the inauguration ceremony), the companies behind these inauguration attendees have become the biggest losers, with a total market value falling by $1.39 trillion. (Golden Ten)
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