this post was submitted on 07 Nov 2024
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A Boring Dystopia

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The wealth of the 10 richest people in the world – a list dominated by US tech billionaires – increased by a record amount after Donald Trump’s victory in the presidential election, according to a widely cited index.

The Bloomberg Billionaires Index estimated that the world’s 10 wealthiest people gained nearly $64bn (about £49.5bn) on Wednesday, the largest daily increase since the index began in 2012.

Elon Musk, the world’s richest person, registered the largest increase with a $26.5bn addition to his fortune, which now stands at $290bn. The prominent backer of Trump’s campaign, benefited from a surge in the share price of Tesla, the electric carmaker where he is chief executive and in which he owns a 13% stake.

The gains came as tech business leaders, including Amazon’s Jeff Bezos, Mark Zuckerberg, chief executive of Facebook parent Meta, and Apple’s Tim Cook publicly congratulated Trump on his election win...

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[–] ObviouslyNotBanana 65 points 1 month ago (7 children)

Great. It'll trickle down to me any day now!

[–] [email protected] 28 points 1 month ago (3 children)
[–] ObviouslyNotBanana 10 points 1 month ago (1 children)

Are you sure? Then what have I been using to buy NFT's?

[–] Lemminary 4 points 1 month ago (1 children)
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