Forbes: Trump’s Wealth Up $600M Since Leaving Office

Forbes reports:

Donald Trump, master of reinvention, has a new title: tech entrepreneur. It’s a stretch for the 75-year-old, who doesn’t even use email, preferring instead to scrawl notes in marker. But he doesn’t mind jumping into ventures in which he has little previous experience—and this gig should prove far more lucrative than the presidency. In fact, it has already boosted his net worth by $430 million, according to our math, helping lift his fortune from $2.4 billion a year ago to $3 billion today.

Banned from Twitter, the former president announced in October that he was creating his own social media platform, Truth Social, through the Trump Media and Technology Group, which uses his rapidly appreciating Palm Beach club, Mar-a-Lago, as its address. Trump Media plans to merge with a SPAC that retail traders are buying like crazy, boosting its shares from $10 to more than $50. We estimated the value of the shares Trump should eventually receive at $10 apiece.

Read the full article. And when Truth Social crumbles, Trump will walk away with his pockets full.

Banned from social media, Donald Trump revealed he was creating his own platform in October. Truth Social has already been downloaded more than a million times—and has boosted Trump’s net worth by an estimated $430 million #ForbesBillionaires https://t.co/cxv3gmDPhA

— Forbes (@Forbes) April 5, 2022