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Billionaire Shock: Over $200 Billion Vanished Since Trump’s Inauguration

March 12, 2025, 9:33 am

In a stunning reversal from the euphoria of Trump’s inauguration, some of the world’s wealthiest individuals have seen their fortunes take a dramatic hit. Just seven weeks into his second term, a group of prominent billionaires collectively lost approximately $209 billion, according to the Bloomberg Billionaires Index.

A Boon Turned Bust

At the time of his inauguration on January 20, President Donald Trump was surrounded by global heavyweights like Elon Musk, Jeff Bezos, and Mark Zuckerberg—all buoyed by surging stock markets and booming equity gains. The period between Trump’s election and his inauguration had seen the S&P 500 hitting record highs, as investors rushed into stocks and cryptocurrencies expecting favorable policies.

Elon Musk’s Tesla, for instance, surged by 98% post-election, and even Mark Zuckerberg’s Meta Platforms Inc. enjoyed significant gains before and shortly after the new term began. However, recent market dynamics have reversed these fortunes, leaving these titans grappling with steep losses.

The Market Downturn

Since President Trump’s second term began, the S&P 500 has dipped by 6.4%. A combination of mass government layoffs, tariff policy uncertainty, and other macroeconomic factors have rattled investor confidence. The benchmark index tumbled by 2.7% on a recent Monday, contributing to a staggering $1.39 trillion loss in market capitalization for the companies behind these billionaires’ wealth.

Individual Fortunes in Decline

Elon Musk
Once peaking at a record $486 billion on December 17, Musk has seen his net worth fall by approximately $148 billion. Tesla’s share price, which nearly doubled after the election, has since plummeted, partly due to declining sales in key markets such as Europe and China.
Jeff Bezos
Bezos, who clashed with Trump over various issues during the first term, has experienced a $29 billion decline in his net worth. Amazon’s shares have dropped by 14% since January 17.
Sergey Brin
Co-founder of Google, Sergey Brin, has seen a reduction of $22 billion in his fortune. Alphabet’s shares tumbled over 7% in early February after missing revenue targets, adding to the pressure from regulatory and market challenges.
Mark Zuckerberg
Despite an initial rise of 19% from mid-January to mid-February, Meta Platforms Inc. has lost those gains, costing Zuckerberg roughly $5 billion as the tech market overall has slumped.
Bernard Arnault
The French magnate behind LVMH, with close ties to Trump, has also been affected, with his wealth falling by $5 billion. Analysts warn that proposed tariffs on European luxury goods could further depress sales.

The Changing Landscape

The dramatic shift in fortunes serves as a stark reminder that market dynamics can quickly reverse even the most impressive gains. With Trump’s policies now under scrutiny and his administration’s focus shifting amid economic and political uncertainties, the path forward for these billionaires remains uncertain.

The ongoing volatility highlights the inherent risks of relying on market exuberance and underscores the challenges faced by leaders of major companies in navigating the turbulent economic landscape of 2025.

Foreign Leaders Seek Invitations to Trump’s Inauguration

January 11, 2025, 10:34 pm

As the world awaits Donald Trump’s inauguration on January 20, 2025, social media is abuzz with speculation about the guest list. Trump extended an invitation to Chinese President Xi Jinping, but reports from the New York Post reveal that Xi has declined.

Foreign Leaders Demand Access

Traditionally, foreign leaders do not attend U.S. presidential inaugurations. However, Trump’s invitation to Xi Jinping has sparked significant interest. Leaders from Mozambique, Nigeria, Peru, and Chile have reportedly contacted agents in Washington, requesting access to the event.

One registered foreign agent shared their perspective with The Post:

“I tell my clients the truth. You’re not going to be able to go. If you’re Costa Rica, there is just no way you get invited. What is the value add?”

Confirmed Attendees

Trump has selectively invited leaders aligned with his policies and beliefs:

Giorgia Meloni, Prime Minister of Italy, expressed her intent to attend.
Javier Milei, President of Argentina, confirmed his participation.
Nayib Bukele, President of El Salvador, and former Brazilian President Jair Bolsonaro also received invitations.

UK politician Nigel Farage has confirmed his attendance, aiming to reconcile with Elon Musk, who is also expected to be present.

Global Interest in Trump’s Leadership

According to Bryan Lanza, a former Trump advisor, global interest in Trump’s leadership stems from international crises over the past four years. Leaders are eager to engage with him early, influencing his response to global challenges.

Argentina’s President Milei To Attend Trump’s Inauguration

December 17, 2024, 3:03 pm

In an unprecedented move, Argentina’s President Javier Milei is expected to attend Donald Trump’s inauguration on January 20, 2025. This marks the first time in over 100 years that a foreign head of state will attend a U.S. presidential inauguration.

Milei’s Historic Attendance

Although not officially confirmed by Trump’s transition team, sources close to the Argentine government and CBS News suggest that all indications point to Milei’s attendance. A diplomatic official cited by CBS confirmed that Milei is likely to travel to Washington, D.C., for the swearing-in ceremony.

Milei, a strong supporter of Trump, had previously attended Trump’s victory celebration at Mar-a-Lago in November 2024, just after the U.S. presidential election. He was also one of the first world leaders to congratulate Trump on his victory over Democratic candidate Kamala Harris.

A New Era of Diplomatic Relations

Reports from Argentine media outlets indicate that Milei has received a formal invitation to Trump’s inauguration. If he attends, Milei will become the first foreign leader to witness a U.S. presidential swearing-in since records began in 1874. Traditionally, U.S. inaugurations are attended by ambassadors, lawmakers, and the public, but foreign heads of state have not participated in over a century.

Other World Leaders Invited?

While Milei’s attendance will be historic, other leaders may also be invited. Recent reports suggest that Chinese President Xi Jinping has been personally invited by Trump, although sources say it’s unlikely he will attend. Additionally, leaders like Italy’s Giorgia Meloni and El Salvador’s Nayib Bukele are rumored to have been extended invitations for the event.

As the inauguration approaches, global attention is on Trump’s guest list, with Milei’s potential attendance marking a significant moment in U.S.-Argentina relations.

PM Modi to Inaugurate BAPS Hindu Mandir in Abu Dhabi

December 29, 2023, 10:33 am

Prime Minister Narendra Modi accepted an invitation to inaugurate the BAPS Hindu Mandir in Abu Dhabi on February 14th of next year. The invitation was extended by Swami Ishwarcharandas and Swami Brahmaviharidas, along with the board of directors of BAPS Swaminarayan Sanstha.

According to a press statement by BAPS Swaminarayan Sanstha, Prime Minister Modi and Swami Ishwarcharandas met on Wednesday at the Prime Minister’s residential office. At the meeting, Prime Minister Modi graciously accepted the invitation and expressed his enthusiastic support for the historic and iconic temple.

The press statement specially commended the Prime Minister for the remarkable renovation and development of pilgrimage sites across India, an unprecedented feat in recent centuries.

During the meeting, discussions revolved around the Abu Dhabi temple’s significance for global harmony and Prime Minister Modi’s vision for India’s spiritual leadership on the global stage.

The release noted that the BAPS delegation prayed for the Prime Minister’s health and acknowledged his exceptional global achievements, including strengthening relationships with the UAE and other Middle Eastern countries. They also discussed the pride and inspiration Prime Minister Modi’s leadership has instilled in Indians worldwide.

Recalling his personal memories of Pramukh Swami Maharaj and his glorious centenary celebrations, the Prime Minister expressed prayers for Mahant Swami Maharaj’s health. Prime Minister Modi also appreciated the efforts of individuals, volunteers and supporters involved in the BAPS Hindu Mandir project in Abu Dhabi, including those present such as Chairman Ashok Kotecha, Vice Chairman Yogesh Mehta and Director Chirag Patel, recognizing their contributions as a significant source of pride for India.

In a light-hearted exchange, the Prime Minister asked Chirag Patel about his love for tennis and his father Rohitbhai Patel and grandfather P D Patel; and also encouraged his children to continue working hard and achieve success in the sport.

As per the press statement, Swami Brahmaviharidas showcased the latest update of the BAPS Hindu Mandir in Abu Dhabi, emphasizing its intricate carvings and all-inclusive grandeur, saying that “the inauguration ceremony will be a great event, a millennial moment of celebration for time to come.” To which Prime Minister Modi added, “It will reflect the ideal of Vasudhaiva Kutumbakam – an ideal spiritual space, not merely rooted in beliefs and traditions, but a confluence of diverse cultures and civilizations. The essence of spiritual harmony, symbolizing the path forward.”

Goa to get its first Vande Bharat train tomorrow, PM Modi to flag off

June 2, 2023, 2:35 pm

On Saturday, Prime Minister Narendra Modi will remotely inaugurate Goa’s inaugural Vande Bharat Express from Madgaon railway station. This technologically advanced train will enhance connectivity on the Mumbai-Goa route, offering the people of the region a faster and more comfortable travel experience. It will be the 19th Vande Bharat Express to operate in the country.

Operating between Mumbai’s Chhatrapati Shivaji Maharaj Terminus and Goa’s Madgaon Station, the train is expected to complete the journey in approximately seven and a half hours, saving around one hour compared to the fastest existing train on this route. With its state-of-the-art amenities and advanced safety features, including KAVACH technology, the indigenously built Vande Bharat Express will also contribute to boosting tourism in both states.

It is worth mentioning that the Indian Railways had previously launched the country’s first indigenous semi-high-speed Vande Bharat Express. The inaugural Vande Bharat Express train was flagged off on February 15, 2019, on the New Delhi-Kanpur-Allahabad-Varanasi route.The Vande Bharat Express can run up to a maximum speed of 160 kmph.In his address to the nation on August 15, 2021, from the ramparts of the Red Fort, Prime Minister Narendra Modi announced that during the 75 weeks of the Amrit Mahotsav of Independence, 75 Vande Bharat trains will connect every corner of the country.In the Union Budget 2022-23, Finance Minister Nirmala Sitharaman announced that four hundred new-generation Vande Bharat Trains will be manufactured during the next three years.

Special Rs 75 coin launched to mark inauguration of new Parliament

May 28, 2023, 2:01 pm

On Sunday, a special Rs 75 coin was launched to commemorate the inauguration of the new Parliament building, coinciding with the country’s 75th year of independence. In addition to the coin, a special stamp was also unveiled to mark the occasion. During the inauguration ceremony, Prime Minister Narendra Modi dedicated the new Parliament building to the nation and placed the historic ‘Sengol’ in the Lok Sabha chamber. The ‘Sengol’ symbolizes the transfer of power from the British to Indians in 1947.

The front side of the coin features the Lion Capital of the ‘Ashoka Pillar’ at its center, with the inscription ‘Satyamev Jayate’ below. The Ashoka Pillar is accompanied by the word ‘Bharat’ in Devnagri script on the left side and the word ‘INDIA’ in English on the right side.The reverse face of the coin bears the image of the Parliament Complex. On the upper periphery, the inscription ‘Sansi Sankul’ is written in Devnagari script and on the lower periphery, the inscription ‘PARLIAMENT COMPLEX’ is written in English.

Prime Minister Narendra Modi inaugurates second phase of Sansad Khel Mahakumbh

January 18, 2023, 3:02 pm

Prime Minister Narendra Modi virtually inaugurates the second phase of Sansad Khel Mahakumbh on Wednesday. The Sansad Khel Mahakumbh will be held in the Basti district of Uttar Pradesh. Meanwhile, after that, Chief Minister Yogi Adityanath will arrive at the Basti Police Line at 12 p.m. The Khel Mahakumbh will include various indoor and outdoor sports like wrestling, kabaddi, kho kho, basketball, football, hockey, volleyball, handball, chess, carom, badminton, table tennis, etc.

Goa: PM Modi to inaugurate Mopa International Airport

December 10, 2022, 2:03 pm

PM Narendra Modi will inaugurate the Mopa International Airport on Sunday in Goa with an aim to boost connectivity in the country, as per the information from the Prime Minister office.The development follows the Center’s ongoing efforts to offer top-notch transportation and infrastructure options throughout the nation. In November 2016, the prime minister laid the airport’s cornerstone.The airport was created with sustainable infrastructure in mind and cost about Rs 2,870 crore to construct. It has a solar power plant, green buildings, LED lights on the runway, rainwater collection, a cutting-edge sewage treatment facility with recycling capabilities, among other amenities.

PM Modi inaugurates two-day meeting at BJP headquarters

December 5, 2022, 4:04 pm

Prime Minister Narendra Modi inaugurated a two-day high-level meeting with officers at BJP headquarters in Delhi.
At the BJP headquarters, the meeting is currently going on. The meeting’s attendees include PM Modi, BJP National President JP Nadda, State Party Presidents, and General Secretaries. The two-day meeting of the office bearers will be run by Nadda.
The conference is being attended by National General Secretaries Dushyant Gautam, Bhupender Yadav, Baijant Panda, Tarun Chugh, and CT Ravi. They are joined at the meeting by other BJP state presidents, UP BJP President Bhupender Chaudhary, Uttrakhand BJP President Mahendra Bhatt, and others.
It is said that the upcoming party plans would be discussed at this meeting.
The sources claim that a review of the states’ preparations for the assembly elections that will take place the following year as well as other organisational initiatives from booth committees will also be covered.
The meeting will evaluate the preparations made thus far, the recent elections, the leaders’ stays in various states, the operation of the state organisations thus far, and various organisational activities will be discussed, according to the sources.
The party president greeted the prime minister when he arrived in the city earlier today after casting his ballot in the Gujarat Assembly elections.

PM Modi to inaugurate 3,024 newly constructed flats in Delhi under slum rehabilitation project

November 1, 2022, 8:16 pm

Prime Minister Narendra Modi will inaugurate 3,024 newly constructed EWS flats at Kalkaji, Delhi. These flats are built for rehabilitating slum dwellers under ‘In-Situ Slum Rehabilition ‘ project. He will hand over the keys to the eligible people at Bhoomiheen Camp in a programme.

The Delhi Development Authority is carrying out in-situ slum rehabilitation in 376 Jhuggi Jhopri clusters in accordance with the Prime Minister’s goal of providing shelter for everyone (DDA). According to a government announcement on Tuesday, the goal of the rehabilitation project is to give the people of the Jhuggi Jhopri clusters a better and healthier living environment with the necessary amenities and facilities. At Kathputli Colony, Jailorwala Bagh, and Kalkaji Extension, DDA has engaged on three similar projects. Three slum clusters—Bhoomiheen Camp, Navjeevan Camp, and Jawahar Camp—located in Kalkaji are being in-situ rehabilitated throughout the course of the Kalkaji Extension Project. At the nearby vacant commercial centre site, 3024 EWS apartments have been built as part of Phase I.

Bhoomiheen Camp’s eligible households will be relocated to the newly built EWS flats in order to free up the Jhuggi Jhopri site there. After the site of the Bhoomiheen Camp is abandoned, it will be used in Phase II to renovate the Navjeevan Camp and the Jawahar Camp.
3024 apartments have been finished Phase I of the project and are ready for occupancy. These apartments were built for around Rs 345 crores and come complete with all public utilities, like vitrified floor tiles, ceramic tiles, an Udaipur green marble counter in the kitchen, etc. There are also public amenities such underground reservoirs for hygienic water supply, community parks, electric sub-stations, sewage treatment plants, dual water pipelines, lifts, etc.

Prime Minister Narendra Modi will inaugurate the fourth Vande Bharat Express in Una, Himachal Pradesh

October 12, 2022, 11:47 am

Prime Minister Narendra Modi will lay the foundation stone for the fourth Vande Bharat Express train in Himachal Pradesh’s Una district on Thursday.

According to railway officials, the train will run between Delhi and Himachal Pradesh.

“The semi-high-speed train will run between Delhi and Amb Andaura. It will run on all days except Wednesdays,” a senior railways official told.

“However, the date of commencement of regular service is yet to be decided,” the official added.

The train from New Delhi to Amb Andaura will depart at 5:50am and arrive at 11:05am, while the train from Amb Andaura will depart at 1pm and arrive in New Delhi at 6:25pm.

According to officials, the train will have 16 coaches and will stop in Ambala, Chandigarh, Anandpur Sahib, and Una Himachal.

“This fourth VB train will be covering four states and a union territory making it preferable for travelers,” another railways official said.

The third service in the Vande Bharat series, the indigenously designed semi-high-speed train, was flagged off by PM Modi on September 30 from Gandhinagar Capital, and it began commercial operations on Saturday, October 1.

Vande Bharat Express trains also run between Delhi and Varanasi, as well as between Delhi and Katra.