Donald Trump's Net Worth Surges by $900 Million
Trump Media Shares Surge 27%
Former President's Wealth Soars to $75 Billion
Former President Donald Trump's net worth has jumped by an estimated $900 million as shares of his Trump Media & Technology Group (TMTG) surge by 27%. According to Forbes, Trump's net worth now stands at $75 billion, making him one of the world's 500 wealthiest people.
TMTG has experienced a meteoric rise in recent months, with its shares more than doubling in value since its launch in October 2021. The company operates the social media platform Truth Social, which has become a popular alternative to Twitter among Trump supporters.
Despite the increase in his net worth, Trump's stake in TMTG remains relatively small. He owns approximately 25% of the company, which is valued at around $3.2 billion.
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