Former President Donald Trump will return to that job in January, which will make him the first president in more than a century to serve nonconsecutive terms.
The day after Trump’s election, stocks rocketed higher. It’s impossible to say for sure whether the two events are tied together, but the market’s performance on Nov. 6 marked its best day since late 2022.
Millions of people throughout the U.S. and around the globe saw their net worth grow thanks to the rally, and that includes a number of billionaires, according to the Bloomberg Billionaires Index.
Here are the rich folks who got richer — and who might want to send Trump a holiday card with their thanks.
Elon Musk
Total net worth as of the day after the election: $290 billion
How much it had increased since Election Day: $26.5 billion
The world’s richest person is well on his way to trillionaire status, and his fortune got a nice boost the day after Trump’s election.
The bulk of Elon Musk’s fortune rests in Tesla stock, although SpaceX also is a major contributor, as we detail in “7 Life Lessons to Learn From Elon Musk’s Trillion-Dollar Milestone.”
Jeff Bezos
Total net worth as of the day after the election: $228 billion
How much it had increased since Election Day: $7.14 billion
Jeff Bezos founded Amazon, the mammoth online retailer. He stepped down as CEO in 2021 but still owns just under 10% of the company.
Bezos also owns The Washington Post and the aerospace company Blue Origin.
Larry Ellison
Total net worth as of the day after the election: $193 billion
How much it had increased since Election Day: $9.88 billion
Larry Ellison is co-founder, chairman and chief technology officer of Oracle. He has about a 40% stake in the software company.
Ellison lives on — and owns most of — the Hawaiian island of Lanai.
Bill Gates
Total net worth as of the day after the election: $159 billion
How much it had increased since Election Day: $1.82 billion
Bill Gates is the co-founder of Microsoft, which he started with his friend Paul Allen after dropping out of Harvard.
In recent years, Gates has become a philanthropist, having founded the Bill & Melinda Gates Foundation with his now ex-wife.
Larry Page
Total net worth as of the day after the election: $158 billion
How much it had increased since Election Day: $5.53 billion
Larry Page helped co-found Google in 1998. When Google’s new parent firm, Alphabet, was established, Page became its CEO, a position he held until 2019. He remains a controlling shareholder of Alphabet.
Sergey Brin
Total net worth as of the day after the election: $149 billion
How much it had increased since Election Day: $5.17 billion
Along with Larry Page, Sergey Brin co-founded Google. He stepped down as president of Alphabet in 2019 but remains a controlling shareholder.
Warren Buffett
Total net worth as of the day after the election: $148 billion
How much it had increased since Election Day: $7.58 billion
Warren Buffett is one of the most successful and influential investors of all time. Buffett is in charge of Berkshire Hathaway, which owns dozens of companies.
Berkshire recently joined the $1 trillion club, as we noted in “5 Life Lessons to Learn From Warren Buffett’s Trillion-Dollar Success.”
Steve Ballmer
Total net worth as of the day after the election: $146 billion
How much it had increased since Election Day: $2.81 billion
Steve Ballmer served as CEO of Microsoft from 2000 to 2014. He now owns the Los Angeles Clippers of the National Basketball Association. He purchased the sports team in 2014 for $2 billion, and Forbes estimates it’s now worth $4.65 billion.
Jensen Huang
Total net worth as of the day after the election: $127 billion
How much it had increased since Election Day: $4.86 billion
Jensen Huang is one of the founders of Nvidia, the California-based technology company that is one of the world’s handful of trillion-dollar companies. He also serves as its president and CEO.
Michael Dell
Total net worth as of the day after the election: $120 billion
How much it had increased since Election Day: $3.31 billion
Michael Dell is chairman and CEO of Dell Technologies, one of the world’s largest IT companies. When he was 19, Dell used just $1,000 to found the company that bears his name.
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