this post was submitted on 11 Mar 2025
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Summary

Since Trump’s second-term inauguration, five top billionaires have lost a combined $209 billion as markets react to policy uncertainty.

  • Elon Musk’s net worth plunged $148 billion as Tesla shares collapsed amid declining European and Chinese sales.

  • Jeff Bezos lost $29 billion as Amazon stock fell 14%.

  • Sergey Brin’s fortune dropped $22 billion following Alphabet’s weak earnings and regulatory pressure.

  • Mark Zuckerberg and Bernard Arnault each lost $5 billion as Meta and LVMH stocks tumbled.

The S&P 500 is down 6.4%, reversing gains seen post-election.

Non-paywall link

(page 2) 50 comments
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[–] [email protected] 7 points 1 month ago (2 children)

I know were in for a world of pain with the stocks tanking. But honestly don't mind that they lose even more. Lose everything. Burn with us.

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[–] [email protected] 7 points 1 month ago

Couldn't have happened to a better group of guillotine dodgers.

[–] [email protected] 7 points 1 month ago (2 children)

They don't care. Stock prices only matter when purchasing and when selling. The day to day up and down has no affect on their direct worth.

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[–] [email protected] 6 points 1 month ago (2 children)

go woke go broke, no wait....

[–] [email protected] 4 points 1 month ago

Go fash, lose cash.

[–] [email protected] 2 points 1 month ago

turns out its the either side going woke going broke. right wingers are by thier own definition, the wokest people out there.

[–] [email protected] 6 points 1 month ago

Keep It going y’all

[–] [email protected] 6 points 1 month ago* (last edited 1 month ago) (1 children)

and the American retirees who depend on their savings lost trillions to these idiots. A majority of those retirees voted conservative, but I feel bad for the ones who didnt.

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[–] [email protected] 5 points 1 month ago* (last edited 1 month ago)

Just Covid economy 2.0 shifting more of everyones money into less hands, this way it can be Bidens fault it dropped and then Trumps when it regains

[–] [email protected] 5 points 1 month ago

The only solace to watching all my retirement and investments get cratered is the fact that the assholes that brought this all about are taking the bigger hit.

[–] [email protected] 5 points 1 month ago

I'm sure they will be able to weather the storm. I bet they could find a way to get by on "only" a billion, let's say.

[–] [email protected] 5 points 1 month ago

Not low enough. We can do better!

[–] [email protected] 4 points 1 month ago

Damn that’s financially irresponsible. I’ve only lost a $20 since then

[–] [email protected] 4 points 1 month ago

Toadying capitulators all

[–] [email protected] 4 points 1 month ago

Billionaires remembering why they were supporting the covert right winger Democrats instead of the Republicans. Because a veneer of illusion is needed to keep their empire running.

[–] [email protected] 3 points 1 month ago

Keep it coming people! Stay the course!

[–] [email protected] 3 points 1 month ago

proof they're not geniuses

[–] [email protected] 3 points 1 month ago

As Kendrick Lamar would say “it’s not enough”

[–] [email protected] 3 points 1 month ago

Good. Since they drive their wealth from using the value of their stocks as leverage to get loans, having these stocks collapse will not only make their loans smaller (not sure by how much), but they will have to pay using more of their dividends than what they expected

In short, they will get less money and it will cost them more to pay it back.

[–] [email protected] 3 points 1 month ago

Damn Globalists at it again huh? LMAO 🤣

[–] [email protected] 3 points 1 month ago (1 children)

Crazy how you can tell from looking at Zuckcuck's face that he doesn't have a soul.

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[–] [email protected] 3 points 1 month ago

I'm sure they still have plenty of liquid assets to scoop up discounted stocks. Tax cuts will save conglomerates money, which they'll use for stock buybacks to inflate the worth of their stocks, which had already been picked up by the billionaires. This will reinflate their net worth.

Plus, and I don't know how or when this would be involved in the calculation of their net worth, but they're probably shorting stocks with insider info passed around Mar-a-Lago. Just a guess.

They'll be fine. The rest of us will continue to be screwed even harder. Fuck them billionaires.

[–] [email protected] 3 points 1 month ago

They like the stock market going down, since it'll eventually go back up and meanwhile they still have billions available to buy up a lot more stock on the cheap while it's down.

[–] [email protected] 2 points 1 month ago
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