Trump Elected President; Net Worth Hits $6.49B

Donald Trump, recently elected as the 47th President of the United States, has seen his net worth rise significantly to $6.49 billion, according to Bloomberg. His wealth, primarily derived from real estate and business ventures like Trump Media & Technology Group, received a boost following his election victory over Kamala Harris. The election also positively impacted the stock market, benefiting Elon Musk, who gained $26.5 billion following a surge in Tesla stocks. Musk, a prominent supporter and ally of Trump during the campaign, is set to lead a government efficiency commission under the new administration. Despite his wealth and political success, Trump's journey has been marred by controversies, including a near-fatal shooting at a campaign rally and a dramatic election campaign against the backdrop of a leadership change in the Democratic party.