Truth Social owner Trump Media & Technology Group has finalized its deal to go public, creating a massive windfall for former President Donald Trump that doubles his net worth.
After Trump Media announced it will make its stock market debut on Tuesday, Trump for the first time joined the list of the world’s 500 wealthiest people on the Bloomberg Billionaires Index.
Bloomberg estimated Trump’s net worth spiked by $4 billion on Monday alone, giving him a fortune of $6.5 billion.
The closing of the merger between Trump Media and Digital
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