Following Donald Trump's victory in the 2024 election, the wealth of the world's ten richest people has skyrocketed, setting a new record.
The net worth of these billionaires increased by $63.5 billion in one day.
Tesla Inc. CEO Elon Musk led the gains, adding $26.5 billion to his fortune, Bloomberg reports.
In addition to Musk, Amazon.com Inc.'s Jeff Bezos and Oracle Corp.'s Larry Ellison were also the top gainers.
One of the reasons for the sharp increase in businessmen's capital is the growth of US stocks.
The S&P 500 jumped 2.5%, the best performance in U.S. election history.
The stock market thus reacted to expectations that Trump will continue economic policies that stimulate growth in stocks and a stronger US dollar.
Financial analysts stress that American assets will grow due to the economic reforms proposed by Trump.
