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President Trump’s Net Worth Surges Thanks to Stock Jumps


While President Trump has had money issues throughout this past year thanks to the ridiculous charges, his net worth recently received a surge.

The boost in his net worth is due to his public company, Trump Media & Technology Group.

The main asset within this company is the social media platform Truth Social.

CBS News adds more on the specifics of his shares and net worth:

The company awarded Trump an additional 36 million shares as an “earnout” bonus for the stock staying above $17.50 a share for any 20 trading days within a 30-trading day period, according to a Tuesday regulatory filing.

With the stock bonus, Trump now controls 114.75 million shares of Trump Media, which trades under the ticker DJT — the same as his initials. Based on today’s closing price for the company, that values his entire stake at $5.7 billion.

Trump’s total net worth is about $8 billion, according to Bloomberg Billionaires Index, which says that the bulk of his fortune is now tied up in DJT shares.

While this is fantastic news for President Trump, he is not able to cash out on his increase in net worth.

President Trump is currently on a lockup period, restricting him and other Trump Media executives from selling their shares for an additional five months.

President Trump holds roughly 65% of Trump Media & Technology Group, which booked just $4.1 million in revenue in 2023.

Many people have taken to X to react to the news:

This just goes to show while President Trump is dealing with made up charges, his businesses continue to succeed.



 

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