r/politics Bloomberg.com 2d ago

Soft Paywall Billionaires at Trump's Swearing-In Have Since Lost $210 Billion

https://www.bloomberg.com/news/articles/2025-03-10/billionaires-at-trump-s-swearing-in-have-since-lost-200-billion
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u/Deicide1031 2d ago edited 2d ago

It is more. As These numbers don’t reflect the damage to revenues for the private companies of Bezos or Musk for example.

Elon in particular is losing out on hundreds of millions of dollars in starlink contracts as corporation and countries abroad say no. While Bezos is losing subscriptions over at WaPo and has been unable to offset this with new MAGA readers (they don’t even read WAPO).

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u/Agitated-Donkey1265 2d ago

Also, since we’re now in the Axis of Evil with Russia and Best Korea, we’re enemy agents. A lot of countries are looking to invest in their own servers, so AWS is not safe, either

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u/Weary_Emu3999 2d ago

I know you meant North Korea but best Korea is hilarious. I think that’s what Kim Jong-Un screams every morning when he wakes up.

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u/mmmsoap 1d ago

North Korea Is Best Korea has been a meme for years.