Billion-Dollar Losses for Musk, Zuckerberg, and Bezos Due to Tariffs
April 4, 2025
Elon Musk, Mark Zuckerberg, and Jeff Bezos lost over $50 billion in just two days due to new tariffs announced by Donald Trump. These losses negatively impacted the stock markets and significantly affected their personal wealth. Their companies, including Tesla and Amazon, experienced severe declines in market capitalization. The situation remains uncertain as investors await further developments in U.S. trade policies.