8 Entrepreneurs Who’ve Made Billions Since the Election
Written by
J. Arky
Edited by
Amber Barkley
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President Donald Trump made a campaign promise to fix things in America, and entrepreneurs are already seeing their wealth increase as a direct benefit of Trump taking over the White House for a second term. In fact, as reported by CNN just after the election in November, the some of the world’s richest entrepreneurs collectively earned $64 billion as a result of Trump’s reelection.
Many of these figures have already made a significant amount of money from their companies for quite some time, but they have only increased their net worth and stock values with Trump as commander in chief, as measured by the Bloomberg Billionaires Index.
Here are eight entrepreneurs who’ve made billions since the election results were announced.
Warren Buffett
One of the people who is known for making money as the tides of history shift is Warren Buffett, the Berkshire Hathaway CEO. While Buffett did not endorse Trump as a presidential candidate, he did end up making money off of the election, pushing his net worth to $149 billion.
Bill Gates and Steve Ballmer
Along with his former Microsoft partner and executive Steve Ballmer, Gates was already one of the richest people in the world. However, after Nov. 5, 2024, both men saw their overall worth increase, despite neither being an outward supporter of Trump.
Gates currently has a net worth of around $165 billion while Ballmer is estimated to be worth $145 billion.
Larry Page and Sergey Brin
The former Google executives each benefited from Trump’s win for the White House. Brin’s total net worth stands close to $161 billion, while Page’s is estimated to be $171 billion.
While there are a lot of tech leaders who were supporters of Trump on the campaign trail and continue to be as he settles into his second term in the White House, Brin and Page are not among them, even as they’ve profited from his election.
Larry Ellison
One notable Trump supporter out of Silicon Valley is Larry Ellison, the co-founder of Oracle. The day after Trump was elected, Ellison’s net worth rose $5.5 billion, adding to an overall estimated total standing at $194 billion at the time. It has since increased more, to $197 billion.
Jeff Bezos
The head of Amazon is an entrepreneur who has invested heavily into politics, backing Trump and continuing his support as he takes over the Oval Office. Bezos reportedly saw his wealth shoot up $7.1 billion just one week after standing by his choice to not allow the Washington Post to endorse former Vice President Kamala Harris for president.
Today, Bezos is the second richest person in the world, with a total net worth of $257 billion.
Elon Musk
It should come as no surprise that Musk, the richest person in the world, not only carved out a position for himself in Trump’s government, but made a lot of money after the election. Musk saw his wealth skyrocket from about $265 billion to $290 billion the day after the election results were counted.
Musk’s total net worth has since increased again, to $412 billion.
Editor’s note on political coverage: GOBankingRates is nonpartisan and strives to cover all aspects of the economy objectively and present balanced reports on politically focused finance stories. You can find more coverage of this topic on GOBankingRates.com.
Editor’s note: Net worth data was sourced from Bloomberg and is accurate as of Feb. 6, 2025.
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