Trump’s Billion-Dollar Windfall After Election Returns

Donald Trump’s financial situation took a dramatic turn after his re-election. In the weeks leading up to the election, his social media company reported significant losses, including a $363 million deficit and just $2.6 million in sales. However, once it became clear he would be returning to the White House, his shares surged 60% in a single day, increasing his paper wealth by $2.4 billion. This sudden windfall gives Trump access to leverage his vast assets, including his social media network, real estate holdings, and potential foray into cryptocurrency.

Source: https://www.bloomberg.com/news/features/2024-11-07/donald-trump-net-worth-djt-mar-a-lago-among-assets-to-benefit-from-presidency