Get the latest tech news
Trump’s victory adds record $64bn to wealth of richest top 10 | Rich lists
Share surge increases Elon Musk’s fortune by $26bn in a day as Jeff Bezos, Sergey Brin and Bill Gates also benefit
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. Other beneficiaries were Bezos, the founder of Amazon and the world’s second richest person, who added $7bn to his near-$230bn fortune, and Larry Ellison, the chair of the software company Oracle, historically a Republican supporter, who increased his wealth by nearly $10bn to $193bn. “It was the prospect of lower taxes, deregulation across a wider variety of sectors, such as banks and energy and tech, plus a big, reflexive relief rally on the fact that the outcome of the election was clean and uncontested,” he said.
Or read this on r/technology