Billionaire Roundup: Ho Ho Ho Holiday Edition


Hey there party people! Were your stockings hung with care by the chimney? Were cookies baked and wrapped? Or were you in 2020 fashion, leaving it all at the last minute? Christmas was different for many of us this year, but there is no reason why we could not enjoy it as an expectation of a much shorter and less festive holiday season. One thing we should not do is like the big masked parties that happened recently in President Trump’s Mar-a-Lago. In addition, billionaire Ray Dalio and his family will mourn the death of a family member this year. And finally, Elon Musk and many other billionaires have billions of reasons to celebrate 2020 because they all increased their net worth enormously. This is the latest version of the Billionaire Roundup.

Hundreds of masked Republicans celebrate in Marak-e-Lago

Leading right-wing youth group Turning Point USA organized an event for hundreds of people at Donald Trump’s Palm Beach in Florida one night and 2,000 people indoors the next night. Many did not wear masks. Guests of the event included high-profile White House officials, GOP elected officials, and right-wing activists who defied Palm Beach County’s COVID-19 mitigation orders that call for wear marks in all businesses and establishments And calls for social distance. Participants in the event included Donald Trump, Jr., Matt Getz, Kayle McNee, Rand Paul, Laura Ingrahm, and South Dakota Governor Christie Noam. Pictures posted on their social media accounts show the guest the speaker without a mask, standing together, indoors.

Joe Rydal / Getty Images

Billionaire Ray Dalio’s son buried in car wreck

Our thoughts and prayers are with the hedge fund billionaire Ray Dalio and his family. His 42-year-old son, Devon Dalio, died in a car accident last week. On Thursday, December 15, his Audi crashed into a Verizon store in Greenwich, Verikit, and burst into flames. The shop was almost completely destroyed. The cause of the crash is under investigation. Devon was a project manager at his father’s company, Bridgewater Associates, and a member of the board of directors of the Dalio Foundation. He is survived by his parents, his wife, daughter and three brothers. Ray Dalio issued a statement on Twitter saying that the family is “mourning and processing and would love to be an incompany for the time being.” He said with another tweet: “We know that the terrible pain we are feeling and is being felt by many others, so our sympathy goes out to them,” he said in a follow-up tweet. “May God be with you and may you receive your blessings, especially this time of year.”

Elon Musk’s Incredible 2020

Tesla and SpaceX billionaire Elon Musk have an incredible year. Not only did Tesla make a big splash on the S&P 500, it also added more than $ 100 billion in total assets over the past year. On 7 December 2019, we felt that Musk’s total assets were 23 billion dollars. Today, his total wealth is $ 150 billion, making him the second richest person in the world.

It’s not just alone musk

Let’s face it, the epidemic has been good for many billionaires. Amazon’s Jeff Bezos has seen net earnings of $ 124 billion to $ 187 billion a year earlier. Rocket Companies founder Dan Gilbert was valued at $ 3.6 billion in August and today is valued at $ 44 billion. Mark Zuckerberg was $ 50 billion a year ago and today is $ 104 billion. And finally, Mackenzie Scott was worth $ 36 billion a year ago and is now $ 61 billion, though she owes it almost as fast as her wealth is manifold.


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