FX.co ★ 6 billionaires who expanded wealth under Donald Trump’s presidency

Jeff Bezos

Net worth/gains: $189 billion + $121 billion

Ahead of the past presidential election in the US, Jeff Bezos had occupied the second line on the list of the wealthiest Americans, outpacing his main rival, Warren Buffett. However, over the past four years, his triumph has become unattainable as his fortune has skyrocketed by $ 121 billion. Despite all the claims of Donald Trump to the Amazon empire founded by Bezos, shares of the Internet giant soared by 300%. Moreover, the billionaire himself was the first whose overall fortune exceeded the $ 200 billion mark.

Elon Musk

Net worth/gains: $90 billion + $79 billion

Over the past four years, which coincided with Donald Trump's presidential term, Elon Musk's life has changed dramatically. He was appointed a member of the business council at the White House, but did not stay there for long. A global change affected the capitalization of his Tesla Motors company. In 2016, it was measured $ 28 billion, and today it is already estimated at about $ 400 billion. No other car manufacturer in the world can boast of such success. His private space company SpaceX, which has attracted about $ 3.8 billion in investments, has been a roaring success. Its cost equals approximately $46 billion. Elon Musk’s fortune has expended by dozens billions of dollars. Besides, the billionaire also founded another company to build underground ultra-high-speed tunnels.

Steve Ballmer

Net worth/gains: $73 billion + $44 billion

America's tech companies feel very confident during Trump’s presidency. Such a giant as Microsoft was no exception. The company is getting more valuable: over the past four years, its value has swollen by 250%. In turn, this makes Microsoft CEO Steve Ballmer, who still owns a small shareholding, richer. Another lucrative investment during the Trump era was the purchase of the Los Angeles Clippers basketball club, which has also notably grown in value.

Mark Zuckerberg

Net worth: $96 billion +$44 billion

For Zuckerberg, Donald Trump's presidential term has not been easy. More than once he found himself between two fires of the country's ruling parties. Both Democrats and Republicans did not always approve of his activities and stance. The social network Facebook, created by him, is still subject to various attacks, but this did not prevent it from becoming 110% more expensive since the last election. This allowed Zuckerberg to almost double his fortune.

Dan Gilbert

Net worth/gains: $44 billion + $39 billion

Someone particularly fortunate during Trump’s leadership was the founder of the mortgage bank Quicken Loans, Dan Gilbert. The extremely low interest rates throughout the history of mortgages in America have led to the fact that the demand for loans has become significantly higher, and the number of applications for mortgage loans has grown so much that some analysts even raised doubts about the stability of the sector. However, this did not prevent Gilbert from holding the IPO of the parent company Quicken Loans named Rocket Companies in August this year. During the IPO, his company was valued at $36 billion. This immediately increased Dan's fortune by $33 billion. Remarkably, the incumbent US President considers himself his friend, so Trump's victory in the upcoming election could turn into even greater success for Gilbert.

Bill Gates

Net worth/gains: $117 billion + $35 billion

Bill Gates owns a fairly wide investment portfolio, which includes the country's leading companies. Among them is Microsoft. If you remember that stock markets under Trump showed significant gains, then the reasons for the increase in Gates' fortune will become clear. And despite the fact that he resigned from the board of directors of Microsoft, his revenues continue to grow steadily. But now he can devote more time to his philanthropic pursuits. His charity Bill & Melinda Gates Foundation has already allocated more than $ 350 million to fight the COVID-19 pandemic.