Elon Musk, Mark Zuckerberg and Jeff Bezos gather for inauguration with combined net worth of £1.7tn

Tech bros person cosied up to Donald Trump successful hopes the Republican President volition not present regulations of the manufacture and support them against governments astir the satellite that do

The world's wealthiest tech bros, with a combined wealthiness of £1.7 trillion, further cosied up to President Donald Trump by being fixed premier seats to his inauguration.

Amazon recovered Jeff Bezos, SpaceX and Twitter/X CEO Elon Musk, Meta brag Mark Zuckerberg, Google CEO Sundar Pichai and Apple's Tim Cook were among the billionaires seen attending the inauguration. Many of the tech billionaires person antecedently supported Democrats but person intimately aligned themselves with Trump aft helium easy swept rivals speech for the Republican nomination.

Media mogul Rupert Murdoch, Google CEO Larry Page were besides among those who were seen astatine Capitol Hill astatine Washington DC today. The billionaires were astatine times seen typing distant connected their phones arsenic they waited for Trump to present the maiden code of his 2nd term.

Musk has proven to beryllium a cardinal state of Trump, having spent immoderate $300million connected getting him elected. Following Trump's predetermination triumph successful November, Musk has stuck adjacent to the Trump squad and is acceptable to caput a non-government section aimed astatine cutting the national budget.

The meme-named Department of Government Efficiency, named aft the DOGE cryptocurrency, has stated its ngo is to place what it views arsenic unnecessary authorities regulations and spending to beryllium cut. But successful a melodramatic move, a suit against DOGE was filed moments aft Trump took office, claiming it violated national transparency rules.

Tech Bros' Wealth

Bezos: £194bn

Musk: £351.9bn

Zuckerberg:£171bn

Larry Page: £128.4bn

Murdoch: £17.8bn

Tim Cook: £1.7bn

Sundar Pichai: £1bn

According to 2018 estimates compiled by the BBC, a US household earning conscionable nether £48,700 annually would instrumentality much than 16,000 years to marque a trillion pounds.

Tech Bros' Trump Relationship

Musk and the different tech billionaires person cozied up to Trump pursuing his predetermination triumph contempt galore having publically stated their enactment for Democrats specified arsenic Barack Obama. The rightward displacement of galore tech manufacture leaders became wide nether the medication of Joe Biden aft the Democrat started to instrumentality a much antagonistic stance against them.

Their new-found fondness for Trump has been criticised by some, including members of the enactment galore of them erstwhile supported. Democrat Senator for Massachusetts Elizabeth Warren shared a connection addressing the executives, claiming they were attempting to "cosy up to the incoming Trump medication successful an effort to debar scrutiny, bounds regularisation and bargain favour."

Some erstwhile Trump allies person besides viewed the adjacent narration betwixt the Trump squad and the tech giants arsenic being wide antagonistic to his "Make America Great Again" movement. Ex-White House Chief Strategist Steve Bannon has repeatedly lashed retired astatine Musk and branding him a "truly evil guy".

Tech leaders flocked to Trump arsenic a means to forestall immoderate regularisation of the manufacture that was projected by the Democrats during Biden's word successful office. Trump turned bottommost connected his erstwhile views of TikTok and said it should beryllium restored to the US having erstwhile wanted to prohibition it.

The platform, utilized by an estimated 170 cardinal Americans, was concisely banned successful the state aft it was designated arsenic a nationalist information menace amid concerns of the company's imaginable links to the Chinese government. "Frankly, we person nary choice," Trump antecedently told a rally. "We person to prevention it."

Tech bros volition anticipation Trump's predetermination volition pb to deregulation of the manufacture contempt calls for regularisation to curb AI's worst elements. Trump himself has acknowledged destructive elements of the tech industry, antecedently telling Fox News stating it has "tremendous imaginable but it's besides got imaginable to destroy...we've got to beryllium precise cautious with artificial intelligence."

They volition besides anticipation Trump volition enactment to forestall regularisation of the manufacture successful the European Union and the UK. About fractional of Americans enactment regularisation of tech companies, according to a September 2024 Pew Research Center survey.