(Bloomberg) -- Despite lingering uncertainty over the U.S. election, the country’s ultra-rich already have plenty to celebrate.
Tech billionaires in Silicon Valley saw a hotly contested ballot question on the employment status of gig workers pass in their favor, while an Illinois measure to swap the state’s flat income tax with a graduated system went down in defeat after Citadel’s Ken Griffin spent millions to oppose it.
Across the board, the 167 U.S. billionaires also gained $57.4 billion on Wednesday as investors bid up stocks, sending major averages to the biggest rallies in five months. Amazon.com Inc.’s Jeff Bezos led the way with a $10.5 billion gain, while Facebook Inc’s Mark Zuckerberg added $8.1 billion.
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WNU Editor: With President Trump gone you can take this to the bank. Any talk on breaking these monopolies are going to end in a Biden administration, and these tech billionaires and their investors know it.
Update: Twitter and Facebook are now censoring everyone who even hints that there may have been fraud in this election.