Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Preston Fore

Elon Musk, Mark Zuckerberg, and Larry Ellison have each lost more than $10 billion as Trump's tariffs trigger a stock market bloodbath

Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai, and Elon Musk all in a line at the inauguration of Donald Trump. (Credit: Julia Demaree Nikhinson - Pool/Getty Images)
  • Billionaires are feeling the burn amid fallout from Trump’s tariff announcement—with the stock market crash leading to names like Warren Buffett, Larry Ellison, and Mark Zuckerberg losing billions in a matter of hours.

President Donald Trump’s tariffs on more than 180 countries and territories are causing havoc across the global market, with the S&P 500 nearing bear market territory early Monday.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.