Donald Trump’s net worth more than doubles in one day after TMTG went public
Posted: Mar 27, 2024
- Donald Trump's net worth doubled to $6.4 billion in one day after Trump Media & Technology Group (TMTG) began trading on the NASDAQ - Trump's largest asset now is his nearly 79 million shares of TMTG, worth over $4.5 billion - Trump's assets had been dwindling, but he may be able to cash out his shares in six months when the lock-up agreement expires - TMTG's stock price has seen fluctuations, and the company faces competition and financial challenges - TMTG closed trading at nearly $8 billion, but has only 9 million users on its platform and generated little revenue compared to expenses
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