4 tech moguls who attended or donated to Trumps inauguration got $288 billion richer, cumulatively, in his first year back
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4 tech moguls who attended or donated to Trumps inauguration got $288 billion richer, cumulatively, in his first year back
"Elon Musk, Mark Zuckerberg, Jeff Bezos, and Jensen Huang - all of whom are featured on Bloomberg's list of 500 wealthiest people in the world - were among the tech royalty who signaled support for the administration, either through attendance or a donation. Others included Tim Cook, Sam Altman, Sundar Pichai, Satya Nadella, and Shou Zi Chew. The tech billionaire with the largest increase in his net worth during Trump's first year is also the one who was closest to the Trump administration: Elon Musk."
"While Musk, Zuckerberg, Bezos, and Huang are all wealthier today than they were on Inauguration Day in 2025, there have been some ups and downs. Collectively, the group lost $194 billion in wealth during Trump's first 100 days as markets reacted to the administration's tariffs. They've since made up for those losses and then some. As of January 19, the group was cumulatively $288 billion wealthier than a year prior."
One year after President Donald Trump returned to office, four tech billionaires who attended or donated to the inauguration—Elon Musk, Mark Zuckerberg, Jeff Bezos, and Jensen Huang—saw their net worths increase. Several other tech leaders signaled support through attendance or donations, including Tim Cook, Sam Altman, Sundar Pichai, Satya Nadella, and Shou Zi Chew. Elon Musk experienced the largest gain, with wealth rising 52 percent. The group lost $194 billion in the administration's first 100 days amid market reactions to tariffs but later recovered and was cumulatively $288 billion wealthier as of January 19, 2026. Musk's net worth rose from $449 billion to $681 billion.
Read at Business Insider
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