Trump Media & Technology Group's Successful Listing Places Ex-President Among The World's 500 Richest People
Portfolio Pulse from Benzinga Neuro
Former President Donald Trump's net worth has surged, placing him among the world's 500 richest people, due to the successful listing of Trump Media & Technology Group (NASDAQ:DJT) on Nasdaq. The company's merger with Digital World Acquisition Corp resulted in a significant increase in Trump's wealth, with his 58% stake in the company now estimated at $3.9 billion. Shares of the merged entity rose 16.1% to $57.99, further boosting Trump's net worth to an estimated $6.5 billion.
March 27, 2024 | 1:03 am
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Trump Media & Technology Group's successful Nasdaq listing and subsequent share price increase significantly boosts Trump's net worth, placing him among the world's wealthiest.
The successful listing of Trump Media & Technology Group on Nasdaq and the subsequent rise in share prices directly contribute to the increase in Trump's net worth. Given Trump's significant stake in the company, the financial performance of DJT has a direct and substantial impact on his wealth, making this news highly relevant and important to investors in DJT.
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