Many billionaires were not on Donald Trump’s side during the 2016 election. A significant majority supported or endorsed Hillary Clinton, but according to new reports by the New York Post, many of these Trump naysayers ended up getting richer following the Republican’s win. Below is a breakdown:
Warren Buffet- As reported earlier this week, the Oracle of Omaha opposed Donald Trump as a candidate, claiming the businessman’s threats to impose tariffs on Chinese-made goods was a “very bad idea.” However, Buffett’s firm Berkshire Hathaway had an $11.8 billion increase in profit, with more than half of this profit coming after Trump’s win. The former Clinton supporter not only had the biggest financial gain of 2016, but is also now the second-richest person in the world.
Bill Gates- The recognizable Microsoft founder was a major donor to the Clinton Foundation, a major funder on climate change initiatives, and at one point was even considered to be enlisted as Clinton’s running mate. The liberal billionaire racked in a surplus profit of $9.8 billion, accumulating to a total net worth of $91.5 billion. He is still the richest man in the world.
Mark Zuckerberg– The young Facebook mogul has been an enemy of the conservative media due to his accusations of censoring right-leaning content. He also recently recruited liberal websites to help combat the “fake news” phenomenon on the Facebook algorithm. Fake news or not, Zuckerberg has raked in an additional $5.4 billion to his holdings. He is the fifth richest man with a fortune of $51.2 billion.
Jeff Bezos- The Amazon CEO and founder of the anti-Trump Washington Post has scuffled insistently with the President-elect throughout the campaign season. At one point, Bezos jokingly stated he would send Trump to space if he could. Since Trump’s victory, Bezos acquired an additional $7.5 billion, totaling out 2016 with $67.2 billion as the fourth richest man in the world. He also attended a tech summit at Trump Tower a few weeks ago.
If you would like to receive Breaking News text alerts on a smartphone or tablet, download the DML APP which is completely FREE and easy to use. Go to the Google Play Store or the IOS App Store and search for DML APP. Be sure to keep the app’s notifications setting on. Another way to receive alerts is to text to 40404 the following message: follow @realdennislynch (be sure to put a space between the word follow and the @ symbol).
To see more stories like this, sign up below for Dennis Michael Lynch’s email newsletter.
Sign up to get breaking news alerts from Dennis Michael Lynch.
Tesla And Panasonic Finalize Solar Cell Production Agreement