Donald Trump’s latest tariff announcement triggers a market accident – and his biggest campaign donors paid the price.
From Elon Musk to Mirium Edalson, Trump’s top 10 billionaire Backers collectively lost more than $ 10 billion on Thursday alone, as the shares called Trump “Mukti Day”. The irony is that the US President himself became almost unsafe. While his social media firm took a dip of less than 2 percent, the major commercial figures tied to him were not as lucky.
Disadvantages came mainly in contact with international markets – especially China and other Asian economies targeted by Tariff. Trump’s billionaire donors have invested heavily in sensitive areas of global supply chains, and Thursday’s 5 percent of the market accident hit him where it hurts the most.
Who lost what?
1. Elon Musk
- Pro-Trum Donation: $ 359 Million
- Net Worth: $ 378 billion
- Loss of one day: $ 8.7 billion
Tesla fell 5 percent because the fear of sour parts globally. Musk’s companies are heavy interacted with the global manufacturing hub.
2. Mirium Edelson and Family
- Pro-Trum Donation: $ 111 Million
- Net Worth: $ 28.8 billion
- One day loss: $ 1 billion
Las Vegas is Macao and major casinos in Singapore in the main occupation of Sands-Adelson. Its shares fell by 7 percent as the Asia-Has business felt tariff shockwave.
3. Mark zuckerberg
- Net Worth: $ 179 billion
- Damage in two days: $ 27 billion
Meta stock decreased by about 14 percent in two days.
4. Jeff Bezos
- Net Worth: $ 193 billion
- Two-day loss: $ 23.5 billion
Amazon, deeply tied to global vendors (especially from China), has erased $ 45 billion from Bezos’s fate alone this year.
5. Diane Handric
- Pro-Trum Donation: $ 26 million
- Net Worth: $ 21.9 billion
- Loss of one day: $ 650 million
The company of Hendrix depends on ABC supply, global vendors. Price growth and low sales are likely, reactions according to markets.
6. Richard and Elizabeth uihlin
- Pro-Trum Donation: $ 93 Million
- Net Worth: $ 11.8 billion
- Loss of one day: $ 480 million
His packaging company, Uline, linked to global supply chains, took a direct hit.
7. Kelsi warn
- Pro-Trum Donation: $ 13 Million
- Net Worth: $ 7.2 billion
- Loss of one day: $ 360 million
Energy transfer shares fell by 6 per cent as the pipeline sector was hung for imports of Costerity steel and raw materials.
8. Howard is robbed and family
- Pro-Trum Donation: $ 11 million
- Net Worth: $ 3.1 billion
- Loss of one day: $ 270 million
Their finance and real estate undertakings, including the BGC group and Cantor Fitzgerald, saw a sharp decline between economic uncertainty.
9. Anthony Pratt
- Pro-Trum Donation: $ 10 Million
- Net Worth: $ 8 billion
- Loss of one day: $ 270 million
Pratt Industries is associated with the demand for global packaging, as US exports may face retaliation.
10. Linda McMahon
- Pro-Trum Donation: $ 20 Million
- Net Worth: $ 3.1 billion
- Loss of one day: $ 65 million
WWE and UFC’s parents, their entertainment firm TKO Group recorded a 5 percent decline.
11. Isaac and Laura Purlmater
- Pro-Trum Donation: $ 25 million
- Net Worth: $ 4.7 billion
Recently, after exiting Disney, the remaining investments were likely to be $ 240 million likely to be bound by S&P 500.
12. Paul singer
- Pro-Trum Donation: $ 8 million
- Net Worth: $ 6.2 billion
Hedge Fund billionaire, once Trump’s tariff approach becomes important, can now feel a pinch through personal investment.