Historic Rise in Billionaires Index Due to Trump's Announcements
April 10, 2025
On April 9, the Bloomberg billionaires index recorded a historic increase, with gains of $304 billion for the world's wealthiest people. This surge came in response to Donald Trump's announcement to suspend tariffs on selected trading partners. Despite the dramatic rise, billionaires have a total loss of $244.36 billion since the beginning of the year. Elon Musk and Mark Zuckerberg were the biggest winners of the day.