Billionaire Winners & Losers of Trump’s First 100 Days

President Donald Trump’s return to the White House in January 2025 ushered in a period of significant economic volatility, profoundly impacting the fortunes of the world’s wealthiest individuals. While some billionaires capitalized on new opportunities, others faced substantial losses due to market upheavals, policy shifts, and geopolitical tensions.

💰 Billionaire Winners

Donald Trump

• Net Worth Surge: Trump’s net worth experienced a notable increase, primarily due to the launch of his official cryptocurrency, the $TRUMP meme coin, which rapidly achieved a $9 billion market cap.

Eric Trump

• Crypto Ventures: Eric Trump played a pivotal role in a $2 billion deal involving a new crypto stablecoin by World Liberty Financial, intended for use by Emirati state-owned MGX and Binance.

📉 Billionaire Losers

Elon Musk

• Net Worth Decline: Musk’s fortune plummeted by $148 billion, dropping from a peak of $486 billion in December 2024 to approximately $330 billion by mid-March 2025.
• Tesla’s Struggles: Tesla faced significant challenges, with sales in Germany falling over 70% and Chinese shipments declining by 49% in early 2025.

Jeff Bezos

• Financial Losses: Bezos saw a $29 billion reduction in his wealth, largely due to a 14% drop in Amazon’s stock since January 17, 2025.

Sergey Brin

• Alphabet’s Performance: Brin’s net worth decreased by $22 billion, with Alphabet’s shares falling more than 7% in early February following disappointing quarterly revenue results.

Mark Zuckerberg

• Meta’s Volatility: Zuckerberg experienced a $5 billion loss, as Meta’s initial stock gains were reversed amid broader tech sector declines.

Miriam Adelson

• Casino Setbacks: Adelson faced significant challenges in her casino ventures, notably withdrawing plans for a Long Island casino due to political resistance and public opposition.

📊 Market Overview

• Broad Declines: Since Trump’s inauguration, the S&P 500 has declined by 6.4%, with the Nasdaq dropping 11.8%.
• Billionaire Wealth Impact: Collectively, American billionaires have lost approximately $415 billion in wealth during this period.

🔍 Conclusion

The first 100 days of President Trump’s second term have been marked by significant economic shifts, leading to substantial gains for some and notable losses for others among the billionaire class. As policies continue to evolve, the financial landscape remains dynamic, underscoring the intricate relationship between political decisions and economic outcomes.