THE WINNING CONTINUES: TRUMP IS NOW RICHER THAN GEORGE SOROS
Summary: In early 2024, Donald Trump orchestrated a successful financial comeback, primarily through a merger between his media company, TMTG, and Digital World Acquisition Corp. (DWAC). This merger allowed Trump’s company to go public, resulting in soaring stock prices, with the value of his company reaching $9 billion. As a result, Trump’s personal net worth surpassed $7 billion, elevating him on the Bloomberg Billionaire Index above figures like Mark Cuban and George Soros.
Trump’s majority ownership in TMTG, which includes his free speech platform, Truth Social, contributed significantly to his financial gains. However, amidst his financial success, Trump faces legal challenges, including a civil fraud suit in New York requiring him to post a $175 million bond to appeal a judgment of over $450 million. This financial resurgence coincides with the 2024 election season, setting the stage for another potential showdown between Trump and Joe Biden.
READ MORE:TRUMP CONTINUES TO BUILD POWERFUL MOMENTUM IN NEW YORK
Donald Trump is a man of business, first and foremost, so it comes as little surprise to many that he has deftly maneuvered a financial comeback early in 2024 that has boosted his net worth and reestablished his position as one of the world’s wealthiest men.
Last week, a long-awaited shareholder vote took place that solidified the anticipated merger between the president’s media company (TMTG) and Digital World Acquisition Corp. (DWAC). The merger allowed Trump’s company to go public, and on Tuesday, it hit the Nasdaq exchange with soaring numbers.
As reported by RSBN, the stock (DJT) rose to a whopping $9 billion value this week, spiking upward of 37 (52 percent upon opening) percent per share, with share prices ballooning up to nearly $70 even days after its launch.
This rapid rise carried the company up to a $9 billion value, kicking off Trump’s powerful return to the stock market with a bang. Now, Trump himself has a personal net worth of more than $7 billion and has hopped up the ladder on the Bloomberg Billionaire Index, they revealed.
READ MORE: Trump Reestablished as One of the World’s Wealthiest Men
By Friday, Trump’s net worth had exceeded businessman and television personality Mark Cuban, who has infamously criticized the 45th president in the past. Trump had even surpassed shadowed political contributor George Soros.
Per Bloomberg, Trump owns the majority stake in TMTG, which is the parent company of his free speech platform, Truth Social. In fact, Trump owns more than 78 million shares in the company.
The president’s financial windfall comes during a 2024 election season that will pit him, once again, against Joe Biden and the mega-million-dollar Democrat machine. Trump must also post $175 million in bond in the New York civil fraud suit so that he can appeal a more than $450 million judgment.
Data collection website: RSBN.
Si Trump réussi malgré toute les problèmes que lui cause, cela veut dire qu il reussira à redresser l’économie des USA. 2024-2028. C’ incontestablement le GENIE du siecle avec Elon Musk. Les 2 font la paire y compris Carlson Tucker. Et non seulement ça, c’ est un dur à cuir. Pas facile et pas donné à tout le monde. Trump est un Don de Dieu pour sa Nation avec effet Domino sur les autres. C’ est un homme béni par Dieu et nous prions chaque jour pour lui. Il sera le 47 ème sans conteste en 2024. Les africains ont compris qu’il a été noirci et nous en parlons chaque jour en bien au fur et à mesure que l échéance électorale approche le 5 Novembre. Happy Easter