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America’s 10 Richest Gain $16 Billion During Trump’s First Week

January 29, 2017 Leave a Comment

“Donald Trump’s first week as president was nothing short of explosive, with millions of people expressing anger over new tax proposals, slated changes to healthcare coverage and a planned multibillion-dollar border wall. One group with little to complain about? American billionaires, who have profited hugely off of record-high stock prices during Trump’s first seven days in office. In the last week, the 10 wealthiest Americans added $15.8 billion to their combined net worth. Each one of them got richer in the seven days following Trump’s inauguration. Warren Buffett enjoyed the biggest gain of any person in the country; his net worth climbed by more than $2.5 billion to $74 billion. He is currently the planet’s second-richest person, according to FORBES’ real-time rankings of the world’s billionaires, trailing only Bill Gates ($85 billion). Buffett’s surge was nearly matched by Mark Zuckerberg, whose fortune grew by $2.1 billion this week thanks to Facebook’s soaring market cap.” (forbes.com)

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