_trump39s-media-merger-propels-net-worth-to-366-5-billion-joining-millionaire39s-club-for-the-first-time.jpg "Trump's Media Merger Propels Net Worth to $6.5 Billion, Joining Millionaire's Club for the First Time from kpit technologies share price today Video Screenshot Preview")
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⏲ Duration: 0:32
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✓ Published: 27-Mar-2024
👁 View: 35K times
✓ Published: 27-Mar-2024
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Trump's net worth has reportedly increased by over $4 billion recently, bringing his total worth to approximately $6.5 billion. The increase is due to a merger between Trump's social media company, Trump Media & Technology Group, and a shell company called Digital World Acquisition Corp. As a result of the merger, Trump owns nearly 80 million shares, or around 58%, of Trump Media, which operates the social media platform Truth Social. At DWAC's closing stock price of $49.95 per share on Monday, Trump's holdings in the company are worth around $4 billion.
Trump's net worth has reportedly increased by over $4 billion recently, bringing his total worth to approximately $6.5 billion. The increase is due to a merger between Trump's social media company, Trump Media & Technology Group, and a shell company called Digital World Acquisition Corp. As a result of the merger, Trump owns nearly 80 million shares, or around 58%, of Trump Media, which operates the social media platform Truth Social. At DWAC's closing stock price of $49.95 per share on Monday, Trump's holdings in the company are worth around $4 billion.
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