Jeff Bezos' Net Worth Explodes With Trump's Re-Election: Here's Why

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The second richest man in the world has reached a new historic milestone. Donald Trump's victory in the US presidential election has triggered a wave of euphoria on Wall Street and in Silicon Valley. A wave that was particularly profitable for Jeff Bezos, CEO and founder of Amazon, who saw his personal fortune soar by 7 billion dollars in a single day.

A meteoric rise driven by Amazon

The e-commerce giant's stock hit a record high of $207.09 on Wednesday, taking the valuation of its founder's assets to $228 billion. A sum greater than the GDP of some countries such as Ecuador, New Zealand or Slovakia.

This performance is explained by Bezos' holding of more than 926 million shares, or nearly 9% of Amazon's capital. And it must be said that the company is in good health: it has posted spectacular stock market growth of more than 40% since the beginning of the year.

American billionaires, big winners of the vote

Bezos was not the only one to benefit from the Trump effect. The five richest people on the planet collectively raked in another $53 billion on Wednesday as investors bet on regulatory relief and tax cuts under the new administration. Elon Musk, the world's richest person and a vocal supporter of the Republican candidate, saw his net worth rise by $26.5 billion to a whopping $290 billion.

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The election victory could also boost Bezos' space ambitions. Blue Origin, his private space company, has already landed some very lucrative government contracts: $5.6 billion from the Pentagon last June and $3.4 billion from NASA the year before.

The Washington Post, owned by the billionaire, had made the controversial choice not to take a position during the campaign, a first in several decades that led to the departure of many journalists from the editorial staff and the loss of 250,000 subscribers.

The results of this election have therefore generated a feeling of confidence among investors, who anticipate a long period of deregulation and tax cuts favoring above all large companies and financial markets. It is precisely this dynamic that has contributed to this very marked increase in stock market values, particularly in the tech sector.

• Trump's victory sparked a boom in financial markets, pushing Jeff Bezos' fortune to $228 billion in one day.
• The super-rich, including Elon Musk, collectively gained $53 billion in a single day.
• Investors see this administration as a favorable outlook for tech companies, boosting stock market values.

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