Donald Trump’s recent victory has had a surprising impact on the net worth of global billionaires, particularly those in the US technology sector. According to the Bloomberg Billionaires Index, the combined wealth of the world’s ten richest people has seen a dramatic increase, almost $64 billion in a single day, marking the largest daily increase since the index was introduced in 2012.
Among the main beneficiaries of this increase is Elon Musk, the founder of Tesla and SpaceX, who has seen his fortune grow by a whopping $26.5 billion, reaching a total of $290 billion. This significant increase further strengthens his position as the richest man on the planet. Jeff Bezos, the founder of Amazon and the world’s second-largest billionaire, has also benefited from the situation. He has added $7 billion to his fortune, bringing it to nearly $230 billion. Another protagonist is Larry Ellison, president of the software house Oracle, who saw his wealth increase by 9 billion dollars, reaching a total of 193 billion. This exclusive list also includes historic figures in the technology sector such as Bill Gates, co-founder of Microsoft, and Steve Ballmer, former CEO of the same company. Google co-founders Larry Page and Sergey Brin have also benefited from the rising markets.
This extraordinary increase in billionaire wealth is not only a reflection of current economic dynamics but could also herald significant changes in the global economic landscape. With technological innovation continuing to evolve and economic policies being influenced by new world leaders, it is likely that high-tech billionaires will continue to dominate the wealth rankings. In a context where individual fortunes are growing at a dizzying pace, it becomes essential to ask how these dynamics influence economic and social inequalities at a global level. The growing concentration of wealth could lead to new challenges for fiscal and social policies in the coming years.
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