Summary
Since Trump’s second-term inauguration, five top billionaires have lost a combined $209 billion as markets react to policy uncertainty.
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Elon Musk’s net worth plunged $148 billion as Tesla shares collapsed amid declining European and Chinese sales.
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Jeff Bezos lost $29 billion as Amazon stock fell 14%.
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Sergey Brin’s fortune dropped $22 billion following Alphabet’s weak earnings and regulatory pressure.
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Mark Zuckerberg and Bernard Arnault each lost $5 billion as Meta and LVMH stocks tumbled.
The S&P 500 is down 6.4%, reversing gains seen post-election.
The Top 10 Richest Americans have a combined wealth total of $1,548 TRILLION.
$209 billion is only
0.13%13.5% of the of Top 10.We need to get those numbers higher.
Edit: I suck at math, as it was pointed out to me
That doesn’t stack up, Musk is the richest, currently worth $324Bn - they can’t be worth more than $3.24Tn combined.
I think they replaced the period with a comma.
The %s are all out of whack too, it’s more like 13%, which, while not enough, is a lot more than 0.13%.
For sure, Google tells me there’s only 21.2T USD in circulation.
You seem to have forgotten to multiply by 100 after you divided 209 by 1,548.
209 is 13.5% of 1,548, not 0.13%.
Edit: It is a bit disturbing how many people upvote things without making even the most basic sanity check.
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