Here’s how much American billionaires have lost since Trump’s inauguration
Expectations were that billionaires would be the big winners in a Trump America 2.0. Instead, their fortunes have plummeted in the first eight weeks. Here are the biggest losers.
They lost 0. Zero. No factories were burned down, no warehouses were exploded. Those stock market numbers you're screaming about aren't resources. More like a "sometimes applicable coefficient" to money.
It hasn’t reduced their ability to extract wealth from the existing economy, but it’s reduced their potential rate of future expansion.
Hardly. They are in it for the long haul. What they’ve lost in perceived value they’ve gained ten-fold from deregulation and the destruction of the IRS, FBI, and other government entities holding them accountable
Not nearly enough. They're still perfectly positioned to buy America when it collapses like the Soviet Union. That's what this is about, and that's why social safety nets are inconvenient for them.
Number go down.
Its meaningless to their power. especially when relative to each other, and the world, nothing has changed.
I’ve never seen more sack of shit human beings in the same photo ever
They haven't lost anything. Once the economy is ranked they'll be the only ones able to afford anything and they will buy it all up in a fire sale and control everything. Don't be fooled by their short term losses.
They are setting up to buy everything once the US economy fire sale really gets going. Pennies on the dollar. If you think the middle class is even exists now, just wait till everyone is poor and underprivileged.
They haven't lost shit until they cash out or sell. Theyve only lost value.