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.
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.