The media learned about the loss of $209 billion by US billionaires after Trump's arrival

American billionaires who attended the inauguration of US President Donald Trump have lost $209 billion since the head of the White House took office. This was reported by Bloomberg on March 10.

According to the Bloomberg Billionaires Index, since the end of January 2025, in particular, Tesla owner Elon Musk has lost about $148 billion, Amazon founder Jeff Bezos has lost $29 billion, the head of Meta (recognized as extremist and banned in Russia) Mark Zuckerberg lost $5 billion. The article emphasizes that all of them were present at Trump's inauguration, which took place on January 20, 2025.

It is noted that experts and economists expected that the newly elected president's policy would have an impact on the growth of stock prices, so investors massively bought securities and cryptocurrencies. As a result, the period between Donald Trump's victory in November 2024 and his taking office turned out to be beneficial for the US stock market.

For example, Tesla shares showed 98% growth, Meta securities — 9% after Trump's election and then another 20% in the first four weeks after his return to the Oval Office.

The state of the stock market is also influenced by Trump's policy regarding trade restrictions against Canada, Mexico and China. In addition, experts believe that the stock exchange could be affected by the actions of the team of Elon Musk's efficiency department to reduce the number of government employees.

The collapse of the US stock market after Trump's statements. What the media is writing

Earlier, on January 18, Bloomberg reported that after the US presidential election, six of the 10 richest people in the world visited the Trump estate at Mar-a-Lago. It was noted that billionaires have landed at Palm Beach Airport a total of 25 times since November 2024. Among these people were Musk, Mark Zuckerberg, Bill Gates, Bezos and Larry Ellison.