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Fri, May 30, 2025
11:18 PM
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23Serious

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23Serious

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Last Updated
50 days ago
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52 days ago
Updated 50 days ago
World's 500 Richest Lose $208 Billion After Trump's Tariffs
World's 500 Richest Lose $208 Billion After Trump's Tariffs

World's 500 Richest Lose $208 Billion After Trump's Tariffs

News summary

President Donald Trump's recent tariffs have resulted in a significant decrease in his personal wealth and that of other billionaires. Trump's net worth dropped from $4.7 billion to $4.2 billion within a week, with his Trump Media and Technology Group suffering an 8% decline, contributing to $200 million in losses. The commercial real estate sector, including properties like Trump Tower, saw a combined drop of $90 million, while his golf clubs and hotel assets also faced significant devaluation. Globally, the tariffs triggered a historic $208 billion loss for the world’s 500 richest individuals in just one day, affecting major figures like Elon Musk, Jeff Bezos, and Mark Zuckerberg. The tariffs, which range from 10% to 49% depending on the country, are expected to lead to higher consumer prices in the U.S. despite Trump's insistence that they are necessary for economic health.

Story Coverage
alt
Business Insider
$
Left
The world's 10 richest people gained $135 billion in the rally following Trump's tariff rollback — but they're still down $244 billion this year
50 days ago
Read Full Article
alt
Yahoo! Finance
Left
The world's 10 richest people gained $135 billion in the rally following Trump's tariff rollback — but they're still down $244 billion this year
50 days ago
Read Full Article
alt
Business Insider
$
Left
The world's 10 richest people gained $135 billion in the rally following Trump's tariff rollback — but they're still down $244 billion this year
50 days ago
Read Full Article
alt
Yahoo! Finance
Left
The world's 10 richest people gained $135 billion in the rally following Trump's tariff rollback — but they're still down $244 billion this year
50 days ago
Read Full Article
Bias Distribution
100% Left
Information Sources
72da0b09-12c1-4a6a-ac99-710108fff81bdaae85f0-2883-42fc-b085-888140adf30d
Left 100%
Coverage Details
Total News Sources
2
Left
2
Center
0
Right
0
Unrated
0
Last Updated
50 days ago
Bias Distribution
100% Left
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23Serious

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Optimistic

Positive

Negative

23Serious

Neutral

Optimistic

Positive

Negative

23Serious

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Story Coverage
alt
Business Insider
$
Left
The world's 10 richest people gained $135 billion in the rally following Trump's tariff rollback — but they're still down $244 billion this year
50 days ago
Read Full Article
alt
Yahoo! Finance
Left
The world's 10 richest people gained $135 billion in the rally following Trump's tariff rollback — but they're still down $244 billion this year
50 days ago
Read Full Article
alt
Business Insider
$
Left
The world's 10 richest people gained $135 billion in the rally following Trump's tariff rollback — but they're still down $244 billion this year
50 days ago
Read Full Article
alt
Yahoo! Finance
Left
The world's 10 richest people gained $135 billion in the rally following Trump's tariff rollback — but they're still down $244 billion this year
50 days ago
Read Full Article
Ask VT AI
Bias Distribution
100% Left
Information Sources
72da0b09-12c1-4a6a-ac99-710108fff81bdaae85f0-2883-42fc-b085-888140adf30d
Left 100%
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