Combined wealth of world’s ten richest people climbs to $64BILLION in one day after Donald Trump’s election win

The wealth of the world’s ten richest people has climbed to $64billion in one day following Donald Trump’s victory in the presidential election, according to a major wealth index.

The rise marks the largest combined increase in the history of The Bloomberg Billionaires Index, which began in 2012 and is dominated by US tech billionaires.

Elon Musk, the richest person in the world, saw the biggest increase in his wealth, with $26.5bn added to his fortune which now stands at $290bn.

The prominent Trump ally, who has campaigned alongside the Republican in recent weeks, benefitted from a rise in the share price of Tesla, the electric car manufacturer.

Bezos, the world’s second richest person, added $7bn to his fortune, bringing it up to $228bn.

Meta CEO Mark Zuckerberg’s net worth remained more or less unchanged at $202 billion.

The only other member of the top 10 to make a loss was French luxury goods tycoon Bernard Arnault, whose fortune fell by nearly $3bn.

World-renowned investor Warren Buffet added $7.5bn to his fortune, bringing it to nearly $150bn.

Long-time Republican supporter Larry Ellison, the chair of software company Oracle, increased his wealth by nearly $10bn to $193bn.

Microsoft’s co-founder Bill Gates, the former Microsoft CEO Steve Ballmer also secured significant windfalls, according to the estimates. 

Meanwhile ,Google cofounders Larry Page and Sergey Brin each increased their wealth by over $5bn.

Top 10 richest people and what happened to their wealth on Nov 6

Elon Musk: +$26.5bn ($290bn

Jeff Bezos: +$7.1bn ($228bn)

Mark Zuckerberg: -$80.9m ($202bn)

Larry Ellison: +9.88bn ($193bn)

Bernault Arnault: -$2.58bn ($173bn)

Bill Gates: +$1.82bn ($159bn)

Larry Page: +$5.53bn ($158bn)

Sergey Brin: +$5.17bn ($149bn)

Warren Buffett: +$7.58bn ($148bn)

Steve Ballmer: +$2.81bn ($146bn)