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The company generated less than $5 million in revenue in 2023, and lost money. ... Can Trump sell some of his Truth Social shares to pay his legal bills, which include a $175 million bond owed in ...
Trump’s dominant stake of 114.75 million shares was valued at $6.2 billion on May 9. It’s now down to about $2.1 billion, a sharp drop that has knocked Trump off the Bloomberg Billionaires ...
Investors approved a plan on Friday to take Truth Social public, increasing his net worth by billions as he’s drowning in legal expenses and owes New York state half a billion dollars in a civil ...
Donald Trump’s net worth slashed by over $2 billion in one week as media mogul Barry Diller calls Truth Social parent a ‘scam’ ... action committee spent nearly $5.6 million on legal bills ...
On March 25, 2024, the day TMTG's stock began trading publicly, Truth Social had 277,000 U.S. visitors, while Reddit had 32 million. [137] By April 2024, Truth Social's daily average of active users in the U.S. had dropped 19% over the past year to around 113,000.
A 2018 New York Times exposé on Fred and Donald Trump's finances concludes that Donald "was a millionaire by age 8," and that he had received $413 million (adjusted for inflation) from his father's business empire over his lifetime, including over $60 million ($140 million in 2018 currency) in loans, which were largely unreimbursed.
Trump owns a stake in Truth Social that was last valued at between $5 million and $25 million. The form shows that Truth Social lost $50 million on just $1.4 million of net sales in 2022 and ...
In 2018 he donated $3.8 million to the Club for Growth, and $20.7 million in 2020. [23] In the 2020 election cycle , Yass was one of the ten largest political donors in the United States donating $25.3 million, all to Republican candidates [ 24 ] including 47 lawmakers who sought to overturn the 2020 US presidential election .