Elon Musk, the billionaire entrepreneur and CEO of Tesla, has seen his fortune increase by $20 billion since Donald Trump won the presidential election.
About this writes CoinTelegraph. In one day, Musk, one of Trump's biggest financial donors, discovered that he became significantly richer: his wealth reached $285.6 billion, an increase of 7.5%.
Tesla shares also rose nearly 15% on Nov. 6, finishing at $286.74 after the main session, the stock's highest price since September 2022, according to Google Finance, according to Forbes.
Musk, who spoke at a rally with Trump in Pennsylvania, has a lot at stake in this election – he donated at least $119 million to a super PAC that supported the ex-president, The New York Times reports.
Jeff Bezos, the world's second richest man after Elon Musk, increased his wealth by $7 billion to $223.5 billion after Amazon shares rose 3.8% to an all-time high of $207 in late trading November 6.
The fortunes of the ten richest people in the world increased by $63 billion in one day after Donald Trump won the US presidential election. The victory sparked changes in stock markets as investors rushed to support companies benefiting from his victory and sold shares of expected losers.
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