Former President Donald Trump’s net worth skyrocketed to $6.4 billion following the finalization of the merger between Digital World Acquisition Corp. and Trump Media & Technology Group Corp. This significant increase in Trump’s wealth has led to his inclusion in the Bloomberg Billionaires Index, marking the first time he has been listed among the world’s wealthiest 500 individuals. The successful merger propelled Trump’s net worth from $3.1 billion to $6.4 billion, making him one of the richest people globally.
The merger has also led to the listing of Trump Media on the Nasdaq exchange under the ticker “DJT,” reflecting the initials of the former president. With a 58% personal stake in the publicly traded entity, Trump’s largest asset is Truth Social, a social media platform he launched after being suspended from Twitter and Facebook in the aftermath of the January 6, 2021, riot at the US Capitol Building. Concurrently with his financial success, Trump secured a legal victory when a New York appeals court ruled that he could post a reduced bond of $175 million to fight a significant judgment in his civil fraud case.
Expressing confidence in his ability to handle legal challenges, Trump stated during a press conference that he is prepared to post the required bond promptly and is determined to win the case. The appellate court has extended the deadline for Trump to post the bond, providing him with additional time before the state can potentially seize his assets. As Trump continues to navigate legal battles and financial milestones, his recent achievements highlight his resilience and determination in overcoming obstacles.