Trump's Net Worth Rose $3.6 Billion This Year—Despite Wild Fluctuations In His Wealth

Forbes ^ | 12/26/2024 | Stephen Pastis

[SeekAndFind]

In one year, Donald Trump has gone from a net worth of $2.5 billion and facing significant legal burdens, to becoming President-elect and returning to Forbes’ tally of America’s richest people, thanks to his majority stake in Truth Social’s parent company, which grew his net worth to $6.1 billion.

Timeline

January 2024

By early this year, Trump’s net worth stood around $2.5 billion, a figure Forbes determined in September 2023 for the annual Forbes 400 list of wealthiest Americans; that figure declined from his previous time in office, when his net worth reached $4 billion—although his net worth was less volatile before he gained ownership of a public company.

March 26, 2024

Trump’s net worth rose rapidly to $6.4 billion within a day of Truth Social’s parent company going public—jumping from $2.3 billion after his legal judgments weighed down his net worth between January and March. His net worth fell from $2.5 billion after his legal burdens weighed down his net worth between January and March. Shares—listed with the ticker DJT—popped after the reverse merger closed between the special purpose acquisition company Digital World Acquisition Corp and Trump Media & Technology Group (TMTG), which was approved after months of delays.

March 27, 2024

Within two days of being publicly traded, Trump touched a $7 billion net worth as excitement about the company continued.

April 16, 2024

Trump’s net worth, at $3.67 billion, reached one of the year’s lowest points on April 16, as TMTG share price hit bottom following a drop lasting several days, but the stock began rising by the month’s end, pushing Trump’s net worth to $7.6 billion on Apr. 30 as he expanded his stake.

[BipolarBob]

New York says he lied about his wealth again. Lock him up!

[quantim]

I hope President Trump ‘donates’ his gummit salary to a private security team, it’s not about the paltry salary but the message it sends until hundreds and hundreds are fired.

And a food taster too.

[McCarthysGhost]

Funny thing is his increase in wealth was directly caused by his political enemies. They banned him from social media so he started his own social media company that is now worth billions, BILLIONS. Gotta love that!

[meyer]

Probably did so by following Pelosi’s investment moves - which in turn followed legislation.

[WKUHilltopper]

Good! Hope hits a Trillion.

[E. Pluribus Unum]

Streisand Effect wins again!

[knarf]

Never got a check from a poor man . . . . ever.

[Vaduz]

Rand Paul Reveals: Matt Damon, Cher Among Hollywood Celebrities Eligible for Taxpayer-Funded Insurance.

Breitbart 12/27/24

[Georgia Girl 2]

Good he deserves it.

[lewislynn]

Trump's Net Worth Rose $3.6 Billion This Year—Despite Wild Fluctuations In His Wealth

Yea, an increase of $3.6 B is definitely "a wild fluctuation" in wealth.