The world’s wealthiest people added $304 billion to their combined net worth on Wednesday — the largest one-day gain in the history of the Bloomberg Billionaires Index — as stock markets soared after President Donald Trump pledged to pause tariffs on some trading partners.
Given that the market goes up by 10.8% a year and inflation is 2.8% on average, it’s going to take over 3 years just to get back to where things started.
Many companies won’t ever fully recover because Trump made the world hate America.