Elon Musk's fortune grows by 26 billion USD after Trump's victory in the US elections

Elon Musk's fortune grows by 26 billion USD after Trump's victory in the US elections

The fortune of American billionaire Elon Musk, founder of Tesla, increased by 26,5 billion USD (+10%) as shares of his electric car company rose. This happened after Republican Donald Trump won the US presidential election.

Tesla shares rose 15% to 289 USD a share after the election results were announced, according to Bloomberg data. That brought Musk's net worth to 290 billion USD, keeping him at the top of the Bloomberg Billionaires Index.

In second place in the ranking is Amazon founder Jeff Bezos, whose fortune grew by 3% to 228 billion USD against the backdrop of the US presidential elections. Also among the growth leaders are Oracle CEO Larry Ellison (+5,4%) and investor Warren Buffett (+5,4%).

It is important to note that Elon Musk actively supported Donald Trump during his election campaign and donated 119 million USD to finance it.

More related articles

Amazon marketplace comes to Central Asia
Kantar Names World’s Most Valuable 100 Brands
Business Turkmenistan Ranked Among Top 1000 Global Websites
Amazon founder invests billions in anti-aging startup
Old bridge to be dismantled in the Netherlands because of Jeff Bezos' yacht
Announced the date release of the trailer “The Lord of the Rings”