Headed

While US President Donald Trump was taking the constitutional oath on January 20, he was surrounded by some of the richest people in the world. The billionaires who attended that day – including Elon Musk, Jeff Bezos and Mark Zuckerberg – were not richer than ever before, as they were spreading with great gains from flourishing stock markets.

According to the Bloomberg Agency, after seven weeks, the story differed. The beginning of Trump’s second term led to a stunning reflection for many of these billionaires sitting behind Trump in the round hall in the Capitol building, where five of them lost a percentage of their wealth with a total of 209 billion dollars, according to the Bloomberg Billionaires Index..

The period between Trump’s election and installation was a blessing for the world’s wealthy, as the S & B 500 has registered its highest level ever. Investors, on stock markets and digital currencies, expect Trump’s policies to be useful for business.

The share of Tesla, owned by a mask, increased by 98% in the weeks that followed the elections, and recorded a high record level.

A company added LVMH Areno owned 7% a week that was previously inaugurated, making the French pole richer worth $ 12 billion. Even the Mita Platforms Company owned by Zuckerberg, which banned Trump from the social media platform in 2021, increased by 9% before the start of the new state and an additional 20% in the first four weeks of taking office.

However, all expectations were reflected that the start of the Trump State period will continue to boost market returns. The Standard & Poor’s 500 has lost 6.4% since he took office, as the collective demobilization of government employees and the President’s decline in customs definitions led to stock disturbance, as the standard index fell by 2.7% on Monday.

The companies that were behind the wealth of those present at the inauguration ceremony were among the largest losers, as their market value has decreased combined by $ 1.39 trillion since January 17, the last day of trading before inauguration. Below is a look at some of these wealth:

Elon Musk loses 148 billion

The net wealth of the 53 -year -old Tesla CEO of Tesla reached $ 486 billion on December 17, and is the largest ever registered wealth on the Bloomberg Resources Index. Most of his gains came from a company TeslaThe shares have almost doubled after the elections. Since then, the electric car industry company has abandoned all these gains. Consumers in Europe resented the support of a mask for right -wing extremist politicians, as Tesla sales in Germany decreased by more than 70% in the first two months of the year. Chinese shipments also decreased by 49% last month to levels that we have not seen since July 2022.

Jeff Bezos loses 29 billion

Bezos (61 years old), who clashed with Trump on the postal service and owned by the Washington Post during the term of the first president, congratulated Trump the next day of the elections on the Musk X social media platform. Amazon donated a million dollars to the Trump inauguration fund in December, and Pesus had dinner with the president last month, the same day that Bezos announced that his newspaper would give priority to personal freedoms and free markets in the opinion department. Amazon shares have decreased by 14% since January 17.

Sergey Brain loses 22 billion

Brain (51 years old), who participated in the establishment of the company that was then known as the name “Google”With Larry Beige and still maintains a 6%stake in a protest against the Trump administration policy on immigration at San Francisco Airport in 2017. After Trump’s re-election in November, Brain took dinner with him in Mar-Lugo the following month. The shares of the company decreased Alphabet More than 7% in early February, after it retracted the estimates of the quarterly revenue. Representatives of a company met AlphabetWhich is currently facing pressure from the Ministry of Justice to dismantle its search engine company, last week with the government and asked her to take a less aggressive position.

Mark Zuckerberg loses 5 billion

It was a company Meta It is the most prominent winner among the shares of the seven wonderful technology companies at the beginning of this year. Even at a time when the group of companies that supported many of the “S & B 500 index” has been over the past few years in a state of persistence in prices, a share has risen Meta 19% from mid -January to mid -February. But since then, the arrow has lost all these gains. The wonderful seven index decreased (Alphabet and Amazon and Apple and Meta Platforms and Microsoft and Nvidia and Tesla20% since its rise in mid -December.

Bernard Arno loses 5 billion

Arno, 76, whose family has the luxury group behind brands, including Louis Vuitton and Polgari, was a friend of Trump for decades, who spoke with the candidate at the time the next day to try to assassinate him in Pennsylvania in July.

After declining during most of the year 2024, an arrow jumped LVMH More than 20% from the elections until late January. Since then, most of these gains have been abandoned.

Morningsar analysts said last month that imposing a 10% customs tariff to 20% on European luxury goods may lead to a decrease in sales, which were already suffering.