Election Aftershock: World’s Richest People Lose $41 Billion After Trump Win

The world's richest people lose $41 billion after Donald Trump's presidential victory, with some saying more losses will follow

Worlds Richest People Lose 41 Billion After Trump WinThe victory of Donald Trump as the 45th president of the United States has something in common with the United Kingdom’s vote to leave the European Union (Brexit).

Before the Brexit vote, the business cabals and media held high hopes that the British people wouldn’t vote to leave the European Union, and therefore, never seriously expected the results.

After Brexit, the aftershocks that rippled through the lives of the financial elites were massive.

The Leave vote caused an estimated loss of $127.4 billion in just a single day, leaving the world’s 400 richest people a few dollars less in their bulging bank accounts.

According to the Bloomberg Billionaires Index, the net worth of the world’s 400 richest people stood at $3.9 trillion prior to Brexit, but immediately after the shock vote, around 3.2% of this reserve wealth was wiped out.

Now, in the wake of Trump’s shocking victory in the just ended United States presidential election, similar happenings have occurred.

Before the vote, the media gave Trump no chance. All major media polls predicted a huge victory win for Hillary Clinton.

The corporations and the rich all united behind Clinton, hoping her win would bring a boom to their business.

Worlds Richest People Lose 41 Billion After Trump Win 222But as it turned in favor of Trump, these cabals carried the brunt this past week. Bloomberg reports that the world’s richest people have so far lost $41 billion and counting, since Trump’s win.

Many of these business magnates are Mexicans and Americans. In fact, a week before the election, the rich had an increase of $57 billion, as the markets rose in anticipation of a Clinton win.

See also: Billionaire Globalist Soros Exposed as Hidden Hand Behind Trump Protests — Provoking US ‘Color Revolution’

Before the election, Trump made clear that under his administration, America’s external trade would change. Taxes would raise on imports, and a re-negotiation on existing trade deals, which give the rich advantage over the country’s interest, would occur.

Trump also called for the re-negotiation of the North American Free Trade Agreement, which includes the United States, Mexico and Canada. He has also made clear his plans to reject the Trans-Pacific Partnership (TPP) and the Trans-Atlantic Trade and Investment Partnership (TTIP).

Worlds Richest People Lose 41 Billion After Trump Win 1According to Bloomberg, Mexico’s richest person, Carlos Slim, lost a whopping $5.1 billion in the wake of Trump’s victory. Slim, who is fifth-richest in the world, shed 9.2% of his fortune after the Mexican Peso plunged to a low of 12% on the news of Trump’s victory.

Slim has a share of 17% in The New York Times. Before the election, Trump blamed Slim for backing the damaging stories that the Times outlet publishing against him, with Trump stating how Slim was against a Republican win because of fear of losing business.

And truly, after the victory of Trump, Slim’s 41-billion-dollar wealth slumped on the Bloomberg Billionaires Index, down-sliding by a 9.2%. Also, the Standard & Poor’s 500 Index was down 1.1% in New York, the very morning Trump’s victory was announced.

Stock markets across the globe also wavered on news that Trump had become the next in line for the United States’ top job.

Worlds Richest People Lose 41 Billion After Trump Win 2In total, the index witnessed 10 Mexican billionaires dropping a combined $6.5 billion, in early trading. Eva Gonda Rivera, Mexico’s fourth-richest person, followed Slim with a $487 million loss, while Lorenzo Servitje Sendra, the fifth richest, shed $397 million.

Billionaires in the United States, who account for one-third of the Bloomberg wealth ranking, had the biggest dollar loss, falling $9.3 billion. The combined net worth of the billionaires, on the index, fell 0.9% to $4.4 trillion at the start of trading in New York.

According to some observers, Brexit and the victory of Trump will severely disrupt the International Capitalist order. Although Trump himself is a businessman, he lashed out against the business elite, accusing them of preventing an equitable distribution of wealth in the United States.

Worlds Richest People Lose 41 Billion After Trump Win 22Many believe that because Trump took no money from the rich to run his campaign, he cannot be influenced to ensure their interests. Some have even alleged that billionaires, like George Soros, are behind the anti-Trump protests in the country.

Although we cannot fully substantiate this allegation, there might be an iota of truth to this; the rich will do all they can to protect their business interests first, before they contemplate anything else.

Sourceanonhq

Find us here

Get news from the CSGLOBE in your inbox each weekday morning

The views and opinions expressed in this article are those of the authors/source and do not necessarily reflect the position of CSGLOBE or its staff.

Paid content

Putin has Banned Rothschild and His New World Order Banking Cartel Family from Entering Russian Territory

As of recently, Russian president Vladimir Putin took yet another decision for his country. "Under any circumstances", the Rothschild family is banned from entering Russian territory. Along...

Georgia House Votes To Allow Citizens To Abolish Police Departments In The State

The Georgia House backed an effort on Friday to dissolve the Glynn County Police Department and any...

Leaked CDC document contradicts Pence claim that U.S. coronavirus cases ‘have stabilized’

Even as Vice President Mike Pence wrote in a Wall Street Journal op-ed published Tuesday that coronavirus...

What's New Today

Georgia House Votes To Allow Citizens To Abolish Police Departments In The State

The Georgia House backed an effort on Friday to dissolve the Glynn County Police Department and any...

Leaked CDC document contradicts Pence claim that U.S. coronavirus cases ‘have stabilized’

Even as Vice President Mike Pence wrote in a Wall Street Journal op-ed published Tuesday that coronavirus...

Five bombshells about Trump from Bolton ‘s book

Excerpts from former national security adviser John Bolton ’s book about his time in the Trump administration...

Don’t Listen to Fox. Here’s What’s Really Going On in Seattle’s Protest Zone.

It seems I live in a city undergoing a “totalitarian takeover” that will lead to “fascist outcomes”...

MOST READ

What Is Agenda 21? Depopulation of 95% of the World By 2030

Most people are unaware that one of the greatest threats to their freedom may be a United Nations program which plans to depopulate 95%...

Russia Issues International ARREST WARRANT For ROTHSCHILD & SOROS!

Vladimir Putin, now in full control of Russia as Prime Minister (then) NOW President , wishes to build a strong Christian nation. In a...

Putin has Banned Rothschild and His New World Order Banking Cartel Family from Entering Russian Territory

As of recently, Russian president Vladimir Putin took yet another decision for his country. "Under any circumstances", the Rothschild family is banned from entering Russian territory. Along...

Putin has Banned Rothschild and His New World Order Banking Cartel Family from Entering Russian Territory

As of recently, Russian president Vladimir Putin took yet another decision for his country. "Under any circumstances", the Rothschild family is banned from entering Russian territory. Along...

Wikileaks Reveals That Hillary Clinton Bragged About Visiting Putin’s “Private Inner Sanctum”

Wikileaks continues to expose damaging information about the Clinton campaign, with the latest revealing that she supports Russian President Vladimir Putin. Soon after stepping down...

Millions of genetically modified mosquitoes could be released in Florida Keys

FDA could set millions of genetically modified mosquitoes loose Millions of genetically modified mosquitoes could be released in the Florida Keys if British researchers win...

How Much Money Hillary Clinton Has Made?

Here’s How Much Money Hillary Clinton Has Made Since Leaving The State Department So much for 'dead broke': The Clintons made $12 MILLION in year...

US supreme court rules human genes cannot be patented

Court calls DNA a product of nature, contradicting biotech firm's argument that isolated strains had 'markedly different structure' The US supreme court has ruled unanimously that natural...

Latin American Countries Want to Close All US Military Bases in Their Borders

UNASUR Secretary-General, and former Colombian president Ernesto Samper recently suggested that Latin American countries should begin to renegotiate the terms of their relationship with...

Catholic Priest Says Yoga Is The Gateway To “Kingdom Of Darkness”

According to Father Roland Colhoun, practicing yoga is tatamount to Satanism and that the popular exercise and form of meditation will lead you directly...

Anunnaki Message Published In UFO Magazine In 1958!

A message from the Anunnaki – MANKIND IN AMNESIA (Flying Saucer Review Magazine © November-December 1958) Exhibit 19) Brinsley Le Poer Trench (Flying Saucer Review...