Donald Trump’s Truth Social makes him richer, surpasses George Soros on Bloomberg’s wealth list

Trump’s Wealth Soars Above $4 Billion After Truth Social IPO: What Comes Next for the Former President and His Business Empire

In 2021, former President Donald Trump’s net worth surpassed $4 billion, landing him at 377th place on the Bloomberg list of billionaires. This increase in wealth was attributed to the successful initial public offering (IPO) of his social network, Truth Social.

Trump’s company, Trump Media & Technology Group, owns Truth Social and went public under the symbol DJT after merging with Digital World Acquisition Corp. The shares of Trump Media & Technology Group soared by 54% within half an hour of going public on Tuesday, and rose by 14% on Wall Street the following day.

With a potential value of $5.3 billion for his position in the merged company, Trump’s total wealth could reach approximately $7.9 billion. However, he will be restricted from selling shares in the merged company for at least six months. Despite this restriction, Trump has expressed his desire to use some of his money for a potential presidential campaign in November.

Trump’s lawyers had previously indicated that he could not afford bail, but now it seems he has the resources to do so. He has been trying to avoid paying the money owed and is preparing for a potential political comeback. Meanwhile, the list of links at the bottom of the original content seems to be unrelated to the topic of Trump’s wealth and should be reviewed or removed.

In conclusion, Donald Trump’s net worth rose significantly due to the success of Truth Social’s IPO and his stake in Trump Media & Technology Group. While there are restrictions on selling shares in the merged company, he plans to use some of his wealth for a potential presidential campaign in November. His lawyers have indicated that he can now afford bail and is preparing for a political comeback while there are concerns about unrelated links at the bottom of

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