Among the top 10 richest people in the world, only Bill Gates and Warren Buffett added to their fortunes in this period, according to the Bloomberg Billionaires Index.

As tech stocks fell, even the most powerful names in Silicon Valley were not spared. Yet amid the mayhem, one legendary investor not only withstood the storm but came out as the winner.

Global billionaires lost a combined $208 billion in a single day after Trump’s tariff announcement rattled markets—the fourth-largest drop in Bloomberg Billionaires Index history. Over half saw declines averaging 3.