A powerful stock market rally triggered by a temporary trade truce between the United States and China on Monday added a staggering $50 billion to the combined wealth of four of the world’s top tech billionaires.
According to real-time data from Forbes’ billionaire index, Meta CEO Mark Zuckerberg led the gains, raking in $16 billion in just 24 hours to bring his net worth to $220.9 billion. This boost, driven by a near 8% rise in Meta shares, elevated him to the position of the third-richest person globally.
Amazon founder Jeff Bezos followed closely, pocketing a $14.2 billion increase that pushed his total fortune to $223.6 billion. Amazon shares surged 8% on expectations of reduced import costs and improved margins for retailers heavily reliant on Chinese manufacturing.
Elon Musk, still the world’s richest person, added $11.3 billion to his already vast empire. The Tesla and SpaceX CEO saw gains from both Tesla stock and enthusiasm surrounding his artificial intelligence company, xAI, now valued at $50 billion. Musk’s net worth now stands at $406.9 billion.
Oracle cofounder Larry Ellison also benefited from the bullish sentiment, earning $8.2 billion to bring his net worth to $196.1 billion. Oracle shares rose on increased investor optimism surrounding enterprise software and AI integration.
The gains come on the heels of a major U.S.-China agreement to pause most reciprocal tariffs, calming fears of supply chain disruptions and inflationary pressures. The resulting surge lifted the combined value of the “Magnificent 7” tech giants—Apple, Nvidia, Amazon, Meta, Microsoft, Alphabet, and Tesla—by a record $837.5 billion in a single trading session.
Other tech stocks, including semiconductor firms like Nvidia, Broadcom, and AMD, also saw notable increases, with Chinese tech companies listed in the U.S. such as Alibaba and JD.com rallying alongside their European counterparts.
While analysts caution that the long-term U.S.-China trade outlook remains uncertain, for now, the world’s wealthiest tech titans are enjoying a windfall, with their fortunes reflecting green screens and soaring stocks.
