Trump’s Net Worth Declines by $1 Billion Amid Truth Social Stock Plunge: Analysis
Former President Donald Trump‘s net worth took a hit, dropping by $1 billion due to a sharp decline in Truth Social owner Trump Media & Technology Group’s stock value, as reported by CNN. Shares plummeted 21% following a regulatory filing disclosing a $58 million loss in 2023, contrasting with a $50.5 million profit in 2022. Trump’s stake, once valued at $6.3 billion, now stands at $3.8 billion, raising concerns about the company’s future amid mounting losses and minimal revenue.
