Former President Donald Trump reportedly became one of the richest people in the world with his net worth topping $6 billion on Monday after his social media company, Trump Media & Technology Group (TMTG), finalized a more than two-year merger process.
TMTG completed the merger Monday. The shares of the newly formed company will trade on the Nasdaq Tuesday under the new ticker symbol DJT, Breitbart News’s John Carney reported:
The successful merger and stock price landed the former president on Bloomberg’s list of the 500 richest people in the world, Bloomberg reported Monday. The media organization estimated Trump’s worth to be $6.4 billion.
Trump’s increased wealth comes at a pivotal moment. Two judges in two separate cases previously fined Trump just under half a billion dollars.
In addition, Trump must post a $175 million bond within ten days to appeal a civil fraud judgment worth $464 million, a New York appeals court ruled Monday. Trump told reporters the bond would be backed in cash.
.@RealDonaldTrump: “I greatly respect the decision of the Appellate Division, and I’ll post either $175 million in cash or bond for security, whatever is necessary very quickly within the 10 days.”
— Breitbart News (@BreitbartNews) March 25, 2024
“This is all about election interference. This is all Biden-run … meaning Biden and his thugs because I don’t know if he knows he’s alive,” Trump said. Biden “can’t win an election because of the borders, because of energy prices, because of inflation, because of Afghanistan,” he said, “So what they do is they do election interference.”
Wendell Husebo is a political reporter with Breitbart News and a former GOP War Room Analyst. He is the author of
Politics of Slave Morality. Follow Wendell on “X” @WendellHusebø or on Truth Social @WendellHusebo.
In addition, Trump must post a $175 million bond within ten days to appeal a civil fraud judgment worth $464 million, a New York appeals court ruled Monday. Trump told reporters the bond would be backed in cash.
“This is all about election interference. This is all Biden-run … meaning Biden and his thugs because I don’t know if he knows he’s alive,” Trump said. Biden “can’t win an election because of the borders, because of energy prices, because of inflation, because of Afghanistan,” he said, “So what they do is they do election interference.”
Wendell Husebo is a political reporter with Breitbart News and a former GOP War Room Analyst. He is the author of
Politics of Slave Morality. Follow Wendell on “X” @WendellHusebø or on Truth Social @WendellHusebo.
