Reported 9 days ago
Top tech executives who donated to President Trump and supported his inauguration are now seeing their companies lose billions in value due to his tariff policies. As a result, the net worth of influential figures like Mark Zuckerberg, Elon Musk, and Jeff Bezos has drastically declined, with losses amounting to nearly $1.8 trillion among key tech firms since the beginning of 2025. Analysts warn of significant challenges ahead for the tech sector, with Trump's increased tariffs impacting supply chains and consumer spending.
Source: YAHOO