Afterwards Donald Trump He won the 2024 presidential election, and the richest man in the world became even richer.

As of Wednesday, the 10 richest people on the planet earned $63.5 billion; That’s a one-day record, Bloomberg reported. The list is managed by: Elon MuskTrump supporter whose net worth rose 10.1 percent to $290.3 billion. Only one person among the top 10 lives outside the United States: LVMH founder Bernard Arnault’s fortune fell slightly on Wednesday, falling 1.6 percent to $173.2 billion.

“U.S. financial assets, especially stocks and the U.S. dollar, should be bullish,” Samy Chaar and Luca Bindelli of Lombard Odier Group wrote to clients, according to Bloomberg.

presence Bloomberg noted that the gains were largely due to the strong performance of stocks following the election announcement. While the S&P 500 experienced the highest post-election rise in history with 2.5 percent, the US dollar also strengthened. Meanwhile, shares of Musk’s Tesla rose 15 percent. These increases stem from expectations that Trump will opt for lower taxes and fewer regulations upon his return to the White House.

The fortunes of Larry Ellison and Warren Buffett, who are among the top 10, increased by 5.4 percent to $193.5 billion and $147.8 billion, respectively. Larry Page and Sergey Brin rose 3.6 percent to $158.3 billion and $149.1 billion, respectively. Jeff Bezos’ net worth increased by 3.2 percent to $228.3 billion. Steve Ballmer and Bill Gates added a more modest rate of 2 percent and 1.2 percent, respectively. Ballmer is currently worth $145.9 billion, while Gates is worth $159.5 billion.

Bloomberg wrote that, apart from the cream when it comes to wealth, crypto billionaires made impressive gains following the election. Coinbase co-founder and CEO Brian Armstrong posted an eye-popping 30 percent gain, boosting his net worth to $11 billion. And Changpeng ZhaoBinance’s embattled founder added $12.1 billion to his fortune, reaching a total of $52.7 billion.

Poll is being conducted before the election showed Americans thought that wealth would increase if Trump or Kamala Harris won the race. While it will be some time before we see how a new president adds to the overall wealth of the United States, it is already clear that the world’s richest are benefiting from Trump’s return to the presidency, at least in the short term.