The world's richest people lost billions after Trump won the election

  • 7 years ago
Donald Trump winning the White House has cut deep into the pockets of the world's richest people. Bloomberg reports that the world's richest people lost a collective $41 billion right after Trump's win. Carlos Slim and Gonda Rivera, the world's fifth and four-richest persons, lost $5.1 billion and $487 million, respectively. The 10 Mexican billionaires on the Bloomberg Billionaires Index lost a combined $6.5 billion. However, U.S. billionaires had the biggest dollar loss, falling $9.3 billion. It doesn't seem like they'll stay in the red for long as Wall Street quickly rebounded, following a disastrous Election Day.

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