President Donald Trump joins Bloomberg’s list of world’s richest people

President Donald J. Trump’s Truth Social
Tuesday marked the single-greatest day on record for former U.S. President Donald J. Trump’s wealth as his social media company, Trump Media & Technology Group (DJT), concluded a merger process with Digital World Acquisition Corp. (DWAC) with shares soaring 42% in their debut on Tuesday.
The value of Trump’s holdings jumped $1.02 billion on Monday landing him on Bloomberg’s list of the world’s 500 richest people at No.377, just ahead of George Soros at No.378.
Tom Maloney for Bloomberg News:
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All told, his net worth increased by more than $4 billion. That means for the first time ever, Trump joined the ranks of the world’s wealthiest 500 people on the Bloomberg Billionaires Index, with a fortune of $6.5 billion.
DWAC shares closed at $49.95 Monday, up about 185% since the start of the year. That values Trump’s 58% stake in the company at $3.9 billion…
His revised fortune makes Trump, who is campaigning to return to the White House, worth on paper about the same as Joe Ricketts, Gordon Getty and Tony James, according to the Bloomberg wealth index, which has been calculating Trump’s net worth since 2015.

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MacDailyNews Note: Currently, Trumps’ Truth Social social media app is No.28 on Apple’s U.S. App Store, close behind Elon Musk’s social media X app at No.22.
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