The US presidential election had an impact on the entire global economy. We see a jump in Bitcoin, growth in blue-chip stocks, and a strengthening of the US dollar. And as a result of these movements in the financial sector, the well-being of the richest people on the planet is growing.
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Forbes named the nine billionaires who benefited the most from Trump’s victory, as their wealth increased significantly:
- Elon Musk (Tesla, SpaceX, X, xAi). Net worth: $304 billion Growth: $41 billion
- Larry Ellison (Oracle). Net worth: $230.7 billion Growth: $23.7 billion
- Brian Armstrong (Coinbase Global). Net worth: $11.7 billion Growth: $3.7 billion
- Fred Ehrsam (Coinbase Global). Net worth: $3.3 billion. Growth: 700 million dollars.
- Vlad Tenev (Robinhood). Net worth: $1.9 billion. Growth: 400 million dollars.
- Baiju Bhatt (Robinhood). Net worth: $2 billion Growth: $400 million.
- Jeff Tangney (Doximity). Net worth: $3.2 billion. Growth: 900 million dollars.
- Adam Foroughi (AppLovin). Net worth: $8.7 billion Growth: $3.8 billion
- Travis Boersma (Dutch brothers). Net worth: $3.1 billion Growth: $900 million
As you can see, the list includes not only large and consistently successful corporations, but also those startups that took off against the backdrop of Bitcoin’s peak performance: Coinbase, Robinhood and, to some extent, AppLovin.
Author:
Ekaterina Alipova
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.