The start of Donald Trump's second term has led to a dramatic reversal for some of the world's wealthiest individuals, according to Bloomberg. Five billionaires have collectively lost over $200 billion since the president's inauguration, according to the Bloomberg Billionaires Index.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Donald Trump's second term has led to a dramatic reversal for some of the world's wealthiest
00:06individuals. According to Bloomberg, five billionaires have collectively lost over $200
00:10billion since the president's inauguration. According to the Bloomberg Billionaires Index,
00:15Elon Musk's net worth has fallen over $140 billion as Tesla lost all post-election gains,
00:21with sales in Germany and China plummeting. Jeff Bezos has seen Amazon shares decline
00:2614 percent. Mark Zuckerberg lost $5 billion. Companies behind these billionaire fortunes
00:31have shed over $1 trillion in market value since January 17th.