216

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...

top 23 comments
sorted by: hot top controversial new old
[-] errer@lemmy.world 15 points 15 hours ago

Musk already made back all the money he invested in Trump and then some. Hitched his low poly wagon to the idiot at just the right time…

[-] JudahBenHur@lemm.ee 8 points 15 hours ago

I cannot imagine a future where trump doesnt turn on musk. i just cant see it

[-] errer@lemmy.world 7 points 15 hours ago

Oh I agree, but Musk has fuck you money and when that happens he’ll still be filthy rich.

[-] RidgeDweller@sh.itjust.works 3 points 12 hours ago

Maybe he'll fuck off down his next k-hole permanently.

[-] WatDabney@fedia.io 50 points 19 hours ago

And that's the entire point really.

Behind all of the sturm und drang and all of the Christian nationalist noise and all of the hate and all of the furor is, and has been from the start, a handful of fabulously wealthy psychopathic fuckwads who recignized in Trump an opportunity to protect and even expand their entirely undeserved and grotesquely destructive privilege.

[-] elgordino@fedia.io 30 points 19 hours ago

Yeah this was an election of billionaires vs everyone else. Unfortunately the billionaires won by making their voters think they were playing a different game.

[-] iAvicenna@lemmy.world 11 points 18 hours ago* (last edited 18 hours ago)

Any election in the USA is an election of billionaires, thanks to the system. It was just more grotesquely obvious this time because Elon is like a spoiled ten year old with no limits.

[-] ObviouslyNotBanana@lemmy.world 61 points 20 hours ago

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

[-] shoulderoforion@fedia.io 28 points 20 hours ago
[-] ObviouslyNotBanana@lemmy.world 10 points 20 hours ago

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

[-] Kalkaline@leminal.space 8 points 17 hours ago

I got my $244 worth of stock value increase, I'll be a billionaire any day now.

[-] granolabar@kbin.melroy.org 10 points 20 hours ago

If you feed the sparrow, it will shit on the workers

[-] ObviouslyNotBanana@lemmy.world 17 points 20 hours ago
[-] Lettuceeatlettuce@lemmy.ml 9 points 15 hours ago

And that's just the beginning, it will get so much worse...

[-] circuitfarmer@lemmy.sdf.org 9 points 15 hours ago

We somehow need to convince a bunch of bozos that it isn't about Democrat and Republican anymore. It's rich versus poor.

[-] DougHolland@lemmy.world 1 points 6 hours ago

Most people don’t give a shit about politics. They hear some rich fuckwad say “Mexicans are stealing your jobs” and “Haitians are eating chihuahuas” and “The schools are changing Timmys into Tinas,” and it’s oh my god they gotta vote for Trump. It’s not intellectual, it’s reptilian.

How do we get through to them, all the victims who know they’re victims, but never figure out who’s victimizing them? That’s the insolvable riddle-me-this-Batman.

[-] diskmaster23@lemmy.one 1 points 14 hours ago

Nah, nobody cares.

[-] diskmaster23@lemmy.one 5 points 14 hours ago

Whatever. This is what people wanted. #ThankRepublicans

[-] latenightnoir@lemmy.world 10 points 19 hours ago

And a whooole lotta suck for the rest of humanity!

[-] Blackout@fedia.io 2 points 18 hours ago

I wish I was one of those 10 people. Hell I'll take #11 even.

[-] JudahBenHur@lemm.ee 8 points 15 hours ago

you wish you were a monster who exploited hundreds of thousands of people beneath you in order to hoard more money any person could ever spend like the dragons who sleep on piles of gold in the stories- the stories where every reader is rooting for the knight to stab the dragon in the soft underbelly? thats what you whish for?

this post was submitted on 07 Nov 2024
216 points (96.6% liked)

A Boring Dystopia

9720 readers
879 users here now

Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.

Rules (Subject to Change)

--Be a Decent Human Being

--Posting news articles: include the source name and exact title from article in your post title

--Posts must have something to do with the topic

--Zero tolerance for Racism/Sexism/Ableism/etc.

--No NSFW content

--Abide by the rules of lemmy.world

founded 1 year ago
MODERATORS