Trump’s Return to White House Sparks Billionaire Wealth Boom, Elon Musk Gains $26.5 Billion Overnight

The results of the U.S. presidential election are out, and Donald Trump has once again secured his place in the White House. His victory has led to an overnight surge in the wealth of billionaires, including Elon Musk.

According to reports, several American billionaires have seen significant gains, including Jeff Bezos, Larry Ellison, Warren Buffett, Larry Page, Sergey Brin, Jensen Huang, Michael Dell, Steve Ballmer, and Bill Gates. Bloomberg Billionaires Index shows that Elon Musk’s wealth increased by a staggering $26.5 billion in a single day.

Larry Ellison’s wealth rose by $9.88 billion, Warren Buffett’s by $7.88 billion, Larry Page’s by $5.53 billion, Sergey Brin’s by $5.17 billion, and Jensen Huang’s by $4.86 billion. Additionally, Michael Dell, Steve Ballmer, and Bill Gates saw increases in their wealth ranging from $1.82 billion to $3.31 billion.

Trump’s win has significantly benefited Musk, propelling his net worth to $290 billion with a $26.5 billion gain in just one day. If this trend continues through Thursday, Musk’s wealth could cross into the $300 billion club. On Wednesday, Tesla’s stock saw a 14.75% rise, further boosting Musk’s fortune.