Elon Musk and Jeff Bezos were among the several billionaires whose net worths took a massive leap after Donald Trump's election win on Tuesday. Wall Street, too, hit a record high with the S&P 500 jumping by 1.9%, and Dow Jones soaring by 3% to 43,508 points. This comes as the Republican nominee and president-elect in expected to embrace cryptocurrency and corporate tax cuts during his second term.
The biggest gainer – wealth-wise – was one of Trump's biggest billionaire backers – Elon Musk. The Tesla and SpaceX chief's net worth experienced a nearly $21 billion jolt on Wednesday. Now he is worth $285.6 billion. Tesla’s stock closed up nearly 15% on Wednesday at $288.53 – its highest price this year.
Read More: Kamala Harris Concedes ‘Historic’ Election, Details Of Call To Donald Trump Revealed
Related News | 
Elon Musk Net Worth: Know Tesla CEO's Salary, Real Estate Investments And Other Details
Once 'Half Democrat', What Made Elon Musk The Biggest Cheerleader Of Donald Trump
Jeff Bezos, who was largely blamed for The Washington Post's non-endorsement of Kamala Harris, added $7 billion to his net worth of $223.5 billion. Amazon shares went up by at least 3.8%.
Oracle co-founder Larry Ellison also got $12 billion richer. His net worth jumped to $220.8 billion. Warren Buffet's wealth spiked by $7.6 billion Wednesday. However, the only billionaire whose net worth took a hit was Mark Zuckerberg.
Read More: Joe Biden Breaks Silence On Kamala Harris’ Election Loss: ‘She Stepped Up…’
Related News | 
Andrew Tate Hints: Musk’s 'Twitter Clean-Up' Strategy Coming To Government?
How Elon Musk May Become The Biggest Winner In Donald Trump 2.0
Here Are The Other Billionaires Who Profited From Trump's Win: (Data: Bloomberg)
Brian Armstrong (Coinbase CEO)
Net Worth Spike: $2.6 billion increase
Current Net Worth: $11 billion
Fred Ehrsam (Coinbase Co-founder)
Net Worth Spike: $600 million increase
Vlad Tenev (Robinhood Co-founder)
Net Worth Spike: $300 million increase
Current Net Worth: $1.9 billion
Baiju Bhatt (Robinhood Co-founder)
Net Worth Spike: $307 million increase
Current Net Worth: $1.9 billion
Michael Saylor (MicroStrategy Founder)
Net Worth Spike: $600 million increase
Current Net Worth: $6.6 billion