this post was submitted on 07 Nov 2024
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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.

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[–] [email protected] 30 points 8 hours ago (3 children)
[–] [email protected] 5 points 5 hours ago

Like being on level 250 of the Platform.

[–] [email protected] 15 points 8 hours ago (1 children)

Piss trickling down on us would be an improvement

[–] [email protected] 3 points 4 hours ago

I guess it's slightly better than the old "Horse and Sparrow" name which implies "Eat shit and like it".

[–] [email protected] 7 points 7 hours ago

That's where that comes from, yes.