World’s top 10 billionaires gain $135B after Trump’s tariff pause—who lost?

Following President Trump’s tariff pause announcement, the world’s top 10 billionaires collectively gained $135 billion, with Elon Musk leading the surge at $35.9 billion. Mark Zuckerberg, Jeff Bezos, and Larry Ellison also saw significant increases. However, Bernard Arnault, CEO of LVMH, experienced a $5.70 billion loss, and the billionaires’ collective net worth remains down for the year.