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Tech Titans Added $288 Billion in Trump's First Year as Access and Pledges Deepened

Wealth gains tracked a year of donations, Mar-a-Lago visits, plus sweeping U.S. investment commitments.

Overview

  • Business Insider calculates Elon Musk, Jeff Bezos, Mark Zuckerberg and Nvidia’s Jensen Huang are $288 billion richer than a year ago, with Musk’s net worth up 52% on the Bloomberg index.
  • A Financial Times tally cited by People found Musk, Bezos and Zuckerberg together gained about $250 billion, and reported Musk’s frequent Mar-a-Lago visits and renewed proximity to the president.
  • Amazon, Meta, Apple, OpenAI and Google each donated $1 million to the inauguration committee, with Google also pledging $22 million toward a White House ballroom project, according to the reports.
  • Apple announced $600 billion in U.S. investment over four years, Meta pledged up to $600 billion, and an OpenAI-led group outlined $500 billion for AI infrastructure as Apple shares rose roughly 15% and Alphabet climbed 66%.
  • Tech leaders gathered for a White House dinner in September, and the reported wealth increases primarily reflect stock and valuation changes rather than realized cash.