onald Trump’s stint in the White House has been a smashing success for America’s billionaires, who were collectively worth $2.9 trillion the day Trump was elected and are now worth nearly $1 trillion more, thanks to a 60% rise in the U.S. stock market.
An even more elite group of billionaires has had it especially good. The ten tycoons who have gotten the richest since Trump won the presidency are $490 billion wealthier today than they were on election night 2016—a sum worth more than all of the billionaires in Russia combined. Many of these moguls have been building their fortunes for decades, under both Republican and Democratic presidents and congresses, and they were already enormously wealthy before Trump won the election. And although they’ve made a tremendous amount of money in the last four years, they very well could be as rich, or richer, had another candidate won in 2016.Kena Betancur/AFP/Getty Images
You’re trying to blame Donald Trump for the success of these men due to the Covid-19 lockdown? It’s not his fault, it’s every consumer’s fault, and no one’s. This is such a bad article, I can’t even believe you, Forbes.
You guys sure don’t act like it
QeyeTDogbytes Not sure our president is a Billionaire Chase Peterson-Withorn. How many of his debts are coming due in the next couple years?
Has also been great for hundred of millions of Americans with 401k.
tippingpoint ˚†ß
Average middle class like me too
Why doesn’t Lebron make his $350 shoes in the US to help create jobs for communities that like those products? Instead of using foreign slave labor?
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