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Summary

Since Trump’s second-term inauguration, five top billionaires have lost a combined $209 billion as markets react to policy uncertainty.

  • Elon Musk’s net worth plunged $148 billion as Tesla shares collapsed amid declining European and Chinese sales.

  • Jeff Bezos lost $29 billion as Amazon stock fell 14%.

  • Sergey Brin’s fortune dropped $22 billion following Alphabet’s weak earnings and regulatory pressure.

  • 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.

Non-paywall link

(page 2) 50 comments
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[-] limer@lemmy.dbzer0.com 15 points 1 day ago

Comparing my net worth to that total net worth? I’d be upset, but not terribly so, if I lost $1000 too.

But since I would be getting it back later, and then some, it’s more like a small investment only . Definitely worth the small risk,

[-] circledot@feddit.org 15 points 1 day ago
[-] LucidLyes@lemmy.world 2 points 19 hours ago

proof they're not geniuses

[-] venotic@kbin.melroy.org 13 points 1 day ago

But to them this is winning, right? Anything to "own the libs" that they so hate. There's no such thing as failing, there's only failing forwards.

[-] mrodri89@lemmy.zip 7 points 1 day ago

I know were in for a world of pain with the stocks tanking. But honestly don't mind that they lose even more. Lose everything. Burn with us.

[-] JacksonLamb@lemmy.world 3 points 1 day ago

They won't. You'll see. They will come out of this richer and more powerful than when they went in.

[-] mrodri89@lemmy.zip 5 points 1 day ago

Well maybe they'll get eaten by the poor. Im okay with that alternative plan.

[-] AoxoMoxoA@lemmy.world 1 points 18 hours ago
[-] Acemod@lemmy.world 8 points 1 day ago
[-] AreaKode@lemmy.world 8 points 1 day ago

They don't care. Stock prices only matter when purchasing and when selling. The day to day up and down has no affect on their direct worth.

[-] wildncrazyguy138@fedia.io 13 points 1 day ago

False - these billionaires use their stock as collateral for loans. It’s all part of a tax avoidance scheme. If the stock goes down significantly, the banks come knocking.

Both of the billionaires pictured also head their companies in some way or another. Investors can vote to throw them out. Not that they would, but even the vote of no confidence is not a good look.

[-] Rhaedas@fedia.io 11 points 1 day ago

Banks may come to them, but hardly knocking with demands. 'If you owe the bank $100, that's your problem. If you owe the bank $100 million, that's the bank's problem.' And how they interact with banks, loans, etc. is far different in scale and method than the average consumer anyway.

[-] Lootboblin@lemmy.world 6 points 1 day ago

Not low enough. We can do better!

[-] Dotcom@lemmy.ml 8 points 1 day ago

I can’t help but feel like this was some sort of Monkey’s paw situation. “I wish there weren’t any billionaires”

[-] CharlesDarwin@lemmy.world 5 points 1 day ago

I'm sure they will be able to weather the storm. I bet they could find a way to get by on "only" a billion, let's say.

[-] Foni@lemm.ee 5 points 1 day ago

go woke go broke, no wait....

[-] Ledericas@lemm.ee 2 points 20 hours ago

turns out its the either side going woke going broke. right wingers are by thier own definition, the wokest people out there.

[-] ajoebyanyothername@lemmy.world 4 points 1 day ago

Go fash, lose cash.

[-] griff@lemmings.world 4 points 1 day ago

Toadying capitulators all

[-] WinterDad32@lemmy.world 6 points 1 day ago

Keep It going y’all

[-] sirico@feddit.uk 5 points 1 day ago* (last edited 1 day ago)

Just Covid economy 2.0 shifting more of everyones money into less hands, this way it can be Bidens fault it dropped and then Trumps when it regains

[-] fluxion@lemmy.world 5 points 1 day ago

The only solace to watching all my retirement and investments get cratered is the fact that the assholes that brought this all about are taking the bigger hit.

[-] skuzz@discuss.tchncs.de 3 points 1 day ago

Keep it coming people! Stay the course!

[-] ieatpwns@lemmy.world 4 points 1 day ago

Damn that’s financially irresponsible. I’ve only lost a $20 since then

[-] kikutwo@lemmy.world 4 points 1 day ago

Damn Globalists at it again huh? LMAO 🤣

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this post was submitted on 11 Mar 2025
948 points (100.0% liked)

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