This post was originally published on artnews.com
Two of the world’s richest people—Jeff Bezos and Larry Ellison, both of whom are notable art collectors—have made billions of dollars since Donald Trump won his reelection bid as President of the United States earlier this week.
According to the Bloomberg Billionaires Index, Bezos, the founder of Amazon, made $7.1 billion between Tuesday and Wednesday, bringing his total net worth to $228 billion. Ellison, cofounder of the software company Oracle, saw his net worth jump by $9.9 billion during that period. He is now worth $193 billion, per the Bloomberg list.
Bezos and Ellison, who have both appeared on the ARTnews Top 200 Collectors list, currently rank #2 and #4 on Bloomberg’s billionaire list, respectively.
Bezos was among the billionaires who congratulated Trump after his win, writing on X, “No nation has bigger opportunities. Wishing @realDonaldTrump all success in leading and uniting the America we all love.”
At least one other ARTnews Top 200 Collector lost a significant sum of money following Trump’s reelection.
Bernard Arnault, CEO of the LVMH luxury conglomerate, saw his wealth dip by $2.9 billion, putting his worth at $173 billion. Of the top 10 richest billionaires as ranked by Bloomberg, Arnault was the only one to lose money since Tuesday.