Donald Trump Sets Another Record

By Daniel Walker | April 12, 2024

DJT shares

Former President Donald Trump's net worth has surged over $4 billion this year to $7.2 billion, according to the Bloomberg Billionaires Index, due to the merger of Trump Media & Technology Group and Digital World Acquisition Corp. Trump now owns 78.75 million shares of the new DJT stock, which rose over 70% on its first NASDAQ day.

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While DJT shares later dropped 6%, the stock finished the week up nearly 40%. This boosted Trump past leftist financier George Soros on the wealthiest list and near Dallas Mavericks owner Mark Cuban.

Surpass Soros and Cuban

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If DJT continues climbing in resumed trading, Trump could surpass Soros and Cuban at $7.2-7.3 billion respectively. His wealth rise places him close to owners like Robert Kraft and George Lucas, signaling the Trump Media deal substantially increased his net worth through stock in his Truth Social company.