Trump's Finances Take Another Hit As Truth Social Struggles

Donald Trump was removed from Bloomberg's list of the world's 500 richest people after shares in his Truth Social parent company plummeted 57% from their peak.

At least 4 of Trump's businesses have declared bankruptcy in the past and he has over $780 million in loans coming due over the next 5 years.

The Trump Organization was recently found liable for $464 million for inflating real estate values to obtain loans.

The viability of the $175 million appeal bond secured by Trump is being questioned, threatening his assets if it falls through.

Trump could regain his financial footing and billionaire status if he wins the 2024 presidential election in November.