Summary
Tech moguls who supported Donald Trump—including Elon Musk, Jeff Bezos, and Mark Zuckerberg—lost billions after his “Liberation Day” tariff announcement triggered historic market losses. Standing behind Trump at his inauguration, they had backed his deregulation promises.
Meta dropped 8.96%, Amazon 8.98%, Apple over 9%, and Tesla 5.47%, wiping $208B from global billionaire wealth. Musk lost $8.7B, Bezos $16B, Zuckerberg $17.9B.
Despite their support, their companies face price hikes and AI infrastructure risks.
China’s 34% retaliatory tariffs intensify fears of a looming recession.
They knew this was going to happen. They’ll be fine. It’s their workers and smaller competitors that won’t be fine.
When 3,000 people own more than half the wealth in existence they stop caring about money and trade it for raw power.
The oligarchs can weather this storm to buy up the last of all property.
Nothing will improve until we start killing them.
You think billionaires care about a rounding error? They’re still rich enough to buy most governments, and the mere concept of not being able to afford islands, mansions on every continent, and a private jet to fly between them is still non-existent.
It’s the bottom 99% who have to worry.
Sic semper tyrannis
This photo reminds me: I have to sharpen my guillotine.
They all need to actually loose something if our society is to survive. https://youtu.be/acT_PSAZ7BQ
They should be grinning that their heads are still attached.