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Reading: Internet price of Trump inauguration attendees tops $1 trillion with world’s richest within the crowd
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Michigan Post > Blog > Business > Internet price of Trump inauguration attendees tops $1 trillion with world’s richest within the crowd
Business

Internet price of Trump inauguration attendees tops $1 trillion with world’s richest within the crowd

By Editorial Board Published January 20, 2025 5 Min Read
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Internet price of Trump inauguration attendees tops  trillion with world’s richest within the crowd

One of many issues that made President Donald Trump’s inauguration distinctive was the prominence of Silicon Valley elite.

Simply identifiable have been the world’s three richest males – Elon Musk, Jeff Bezos and Mark Zuckerberg. And that is to not point out a number of the billionaires not positioned straight in view of the cameras.

When the riches of the billionaire tech founders, millionaire enterprise folks and rich politicians are totted up there was greater than $1trn – over a thousand billion – within the rotunda of the Capitol on Monday morning.

Picture:
Elon Musk spoke after the ceremony, saying he would plant the US flag on Mars

The richest of all of them, topping the Forbes real-time billionaires record, was Elon Musk.

The South African serial entrepreneur makes his cash via possession of electrical automobile firm Tesla and area exploration firm Area X.

His fortune is $433.9bn, in keeping with Forbes.

Lauren Sanchez and Jeff Bezos.
Pic: Reuters

Picture:
Lauren Sanchez and Jeff Bezos. Pic: Reuters

Subsequent on the wealthy record is Amazon founder Jeff Bezos, price $239.4bn via his possession of firm shares.

Mr Bezos’ part-ownership of The Washington Publish led to some hypothesis he performed a job within the paper saying it might not endorse a candidate within the US election for the primary time in 36 years.

Meta CEO Mark Zuckerberg and Priscilla Chan in the Statuary Hall of the U.S. Capitol before the luncheon on the inauguration day of U.S. President Donald Trump.
Pic: Reuters

Picture:
Meta CEO Mark Zuckerberg and his spouse Priscilla Chan. Pic: Reuters

Third-richest on Forbes’ record is Meta founder Mark Zuckerberg, price $211.8bn.

His firm owns social networks Fb, Instagram and WhatsApp.

The affect of adjusting political winds may very well be seen in Meta’s current determination to roll again fact-checking.

Bernard Arnault during the inauguration.
Pic: reuters

Picture:
Bernard Arnault on the inauguration. Pic: Reuters

Whereas there was no signal of the world’s fourth-richest man – Oracle founder Larry Ellison – the person who occupies the fifth spot, Bernard Arnault, was there together with his household.

The Frenchman’s luxurious items big LVMH owns manufacturers together with Dior, Louis Vuitton, Moet & Chandon and Sephora, together with his web price estimated by Forbes at $181.3bn.

Miriam Adelson arrives before the 60th Presidential Inauguration in the Rotunda of the U.S. Capitol in Washington, Monday, Jan. 20, 2025.(Saul Loeb/Pool photo via AP)

Picture:
Miriam Adelson arrives earlier than the sixtieth presidential inauguration. Pic: AP

Much less acquainted to a UK viewers – however nonetheless vastly rich – is Miriam Adelson, who alongside together with her household is ranked fifty fifth richest on the planet by Forbes.

Their web price of $31.9bn was garnered via casinos. Her husband Sheldon Adelson based the Las Vegas Sands on line casino and resort firm.

A supporter of the brand new president, Ms Adelson was awarded the Presidential Medal of Freedom by Mr Trump in 2018.

Former Executive Chairman of Fox Corp Rupert Murdoch and Elena Zhukova attends the inauguration.
Pic: Reuters

Picture:
Rupert Murdoch and his spouse Elena Zhukova. Pic: Reuters

On the decrease finish of the Forbes wealthy record – coming in 89th – is media magnate Rupert Murdoch, valued at $22.2bn.

Apart from Fox, within the US he owns The Wall Avenue Journal and the New York Publish.

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Elon Musk arrives before the inauguration of Donald Trump as the 47th president of the United States takes place inside the Capitol Rotunda of the U.S. Capitol building in Washington, D.C., Monday, January 20, 2025. It is the 60th U.S. presidential inauguration and the second non-consecutive inauguration of Trump as U.S. president. Kenny Holston/Pool via REUTERS

1:33

Who was at Trump’s inauguration?

If these six folks have been the one attendees, there could be greater than $1.12trn within the room.

That is a few third of all the financial output of the UK. The UK’s gross home product (GDP) – the usual measure of an financial system’s worth and every little thing it produces – is $3.73trn, in keeping with the Worldwide Financial Fund.

Apple chief Tim Cook was also among the tech billionaires in attendance. Pic: Reuters

Picture:
Apple boss Tim Cook dinner was additionally among the many tech billionaires in attendance. Pic: Reuters

Added to which are the billions and tens of millions owned by tech royalty similar to Apple founder Tim Cook dinner, Google chief government Sundar Pichai and OpenAI founder Sam Altman.

And none of that is to say the riches of the political dynasties in attendance – the Bushs, Clintons and Trumps.

TAGGED:attendeescrowdinaugurationNetrichestTopsTrillionTrumpworldsworth
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