World's top 10 billionaires gain $135 billion after Donald Trump's tariff pause: Who gained most, and the only billionaire who lost

Following President Donald Trump’s announcement of a 90-day pause on proposed tariff hikes for most countries, the world’s richest 10 billionaires experienced a combined net worth increase of $135 billion. According to the Bloomberg Billionaires Index , Elon Musk led the surge with a gain of $35.9 billion, still holding the title of world’s richest person. Second in the line of top gainers after the announcement is Facebook founder Mark Zuckerberg with a rise of $25.8 billion in net worth. He is followed by Amazon founder Jeff Bezos and Oracle founder Larry Ellison with an increase of $18.5 billion and $15.5 billion, respectively.


Notably, Bernard Arnault, CEO and founder of world’s luxury brand LVMH lost $5.70 billion after Trump’s announcement on April 9. Despite this rebound, the collective net worth of these billionaires remains down by $244.36 billion for the year, underscoring the ongoing volatility in global markets.


Trump's tariff pause: How much world’s top 10 billionaires gained




Trump’s tariff pause: How much Elon Musk gained

As mentioned before, Musk led the surge in wealth after the 90-day tariff pause announcement. The Tesla CEO gained +$35.9 billion and now has a total net worth of $326 billion. Despite the gain, the billionaire has lost $107 billion so far this year.


Musk-owned Tesla’s stock also recorded its second-best daily percentage gain in 15 years. The EV maker’s share gained over 22%.


Billionaire who lost wealth after tariff 90-day pause announcement

Among the world’s top 10 billionaires, Bernard Arnault is the only billionaire who witnessed a decline in his net worth. The founder and CEO of LVMH- the parent company of luxury brands Louis Vuitton, Christian Dior Couture, Givenchy, Fendi, among others lost $5.70 billion and now, has a total net worth of $148 billion.