Trump’s net worth rose quickly from $2.3 billion to $6.4 billion just a day after the parent company of Truth Social went public, after his legal struggles pushed down his net worth between the beginning of the year and March.
President-elect Donald Trump’s net worth ballooned from $2.5 billion to $6.1 billion during a year marred by legal struggles and assassination attempts.
Trump’s majority stake in his social media company, Trump Media & Technology Group Corp (TMTG) the parent company of Truth Social, was the main driver of this growth.
But, by the end of the month, the share price was on the rise again, with Trump increasing his stake in the company and his net worth reaching $7.6 billion.
It stayed above $5 billion for the duration of the month, reaching $8 billion once more on May 14, when a jury found Trump liable for the sexual abuse of writer E Jean Carroll, handing her $5 million in damages.
