Donald Trump's defeat in America's midterm elections and the battle for the Democratic Party The victory has seen a rise in the wealth of billionaires. Musk's wealth in the Bloomberg Billionaires List is Rs 79.7 billion i.e. Rs. There has been a decline of Rs 7.53 lakh crore, while the wealth of Oracle co-founder Larry Ellison has increased by Rs 10.1 billion. That means there has been a decrease of Rs 95.400 crore. Not only this, the dominance of tech giants increased after AI. This accounts for up to 36 percent of the total wealth of the top 500 billionaires included in the Bloomberg Billionaires Index. Had a share. Nvidia CEO Jensen Huang's wealth is Rs 15.1 billion. There has been a reduction of Rs 1.43 lakh crore. His wealth has reached $150.9 billion and he is in the top 10 of the Bloomberg Billionaires Index. Have been left out of the list. Which has come from 9th place to 13th place. Whereas Jim Walton has now been included in the list of top 10 richest people instead of Huang. Walton's total wealth is 155 billion dollars. Elon Musk, who became the world's first trillionaire this year, has now suffered a loss of less than 800 billion dollars. His total wealth is currently 785 billion dollars. A significant portion of Elon Musk's wealth comes from shares in Tesla and SpaceX. One of the main reasons for the decline in American markets is the vote in both houses of the US Congress. The Democratic Party has dominance. Which can bring more controls on the construction of data centers. Data centers are important for AI development. Due to which, on Thursday, Nvidia shares fell by 9.3 percent, SpaceX by 9 percent and Oracle by 6.9 percent. Was. Notably, Nvidia is the world's leading manufacturer of high-performance chips for AI. Elon Musk's SpaceX is working on its own AI models and data centers, while Larry Ellison's Oracle provides computing power to other companies. The combined wealth of the world's 500 richest people listed in the Bloomberg Billionaires Index. There has been a decrease of 185 billion dollars on Thursday. According to Bloomberg, this is the 14th biggest one-day decline since the index was launched in 2012.
Changes in the list of billionaires after Trump's defeat (NEWS) is featured on Aapnu Amdavad — the digital home of Ahmedabad, where Amdavadis discover news and everything happening across the city.