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Fortune
Fortune
Alicia Adamczyk

Tariffs are causing a market meltdown—but some in the wealthy 1% see a chance to cash in

(Credit: Mandel Ngan / Getty)

President Donald Trump's ever-changing tariff policies have sent the markets into free fall, worrying the average American about their retirement funds and potential stagflation. But the 1% aren't necessarily surprised by the president's actions and orders. In fact, they are positioned to cash in on the chaos.

That's according to Charlie Garcia, managing partner and South Florida chair of R360, an invitation-only peer membership organization for individuals with a net worth of $100 million or more. He says the 130 members of R360 members, who own a combined $50 billion in assets, are using the current market instability and changing tariff policies as a moment of recalibration, looking for new opportunities to take advantage of.

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