Posted 4/9/2024, 9:49:23 PM
Trump Dropped from Billionaires Index as Truth Social Value Plummets
- Trump lost his place on the Bloomberg Billionaires Index due to a drop in stock value for his Truth Social media company
- His net worth briefly surpassed $6B after the DWAC merger, placing him on the index for the first time
- The stock has since plummeted, bringing his net worth down to $4.8B as of Tuesday
- Despite the drop, his wealth is still far higher than before the merger when it was $3.1B
- He faces legal struggles including 88 felony counts and a $450M civil judgment he is struggling to pay