From Elon Musk To Jeff Bezos And Mark Zuckerberg, Here’s How Much Top Billionaires Lost Since Trump Tariff Wars

Donald Trump’s tariff war’s major casualties are closer to home. The billionaire pals of the billionaire Republican president, including Elon Musk, Mark Zuckerberg, and Jeff Bezos, have been bleeding. While close confidant and DOGE chief Elon Musk’s EV giant Tesla had already been bearing the brunt of his shenanigans, the aftermath of Trump’s Liberation Day tariff wiped out over $300 billion from the coffers of the top 10 richest Americans. Here’s a breakdown of what each of these billionaire techpreneurs lost for a punitive political gain

Mark Zuckerberg | Meta | 40

The youngest amongst the top 10 billionaires in the world and also one of the youngest techpreneurs with self-made wealth, Mark Zuckerberg lost $13.6 billion in the aftermath. The third richest on the billionaire’s list, Zuckerberg’s current net worth is $189 billion on the Forbes real-time billionaires index.

Jeff Bezos | Amazon | 61

The second richest person in the world, Jeff Bezos, lost close to $12 billion and his current net worth is $196.3 billion.

Elon Musk | Tesla, SpaceX | 53

The DOGE chief and world’s richest billionaire suffered a loss of $15.3 billion and his net worth stands at $365 billion. The Tesla boss’s net worth has been on a slump due to falling shares of

Trump’s tariff plan has wiped out over $500 billion in wealth from the world’s richest, including Elon Musk, Jeff Bezos and Mark Zuckerberg, according to the Bloomberg Billionaires Index. Will it backfire on him? The National’s Greg Tanner explains pic.twitter.com/HjfIqzivqp
— The National (@TheNationalNews) April 8, 2025

Zuckerberg, Bezos, and Musk among the biggest losers; financial markets suffer sharp declines as new tariffs affect global wealth

Read: https://t.co/MNlGwhxnis pic.twitter.com/UrfRdhN9tT
— Profit (@Profitpk) April 9, 2025

Seems like the net worth slump was short-lived, as after Trump’s tariff pause, the world’s top 10 richest gained $135 billion, per Business Insider. But will this be sustainable in the long run? Your guess is as good as mine.

Trump pauses tariffs, world’s billionaires get S$407 billion richer in market rebound https://t.co/839HQ0ZCXY pic.twitter.com/mRTSPe8jls
— Mothership (@MothershipSG) April 10, 2025

The world’s richest people added $304 billion to their combined net worth, the largest one-day gain in the history of the Bloomberg Billionaires Index, after Trump pledged to pause tariffs for some countries https://t.co/IDev7zIHzX
— Bloomberg (@business) April 9, 2025

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Cover: Patrick Gawande / Mashable India