Donald Trump's estimated net worth just doubled as Truth Social owner closes deal to go public.
Truth Social owner Trump Media and Technology Group has finalized its deal to go public, creating a massive windfall for former president Donald Trump that doubles his net worth. After Trump Media announced it would make its stock market debut on Tuesday (Wednesday AEDT), Trump for the first time joined the list of the world's 500 wealthiest people on the Bloomberg Billionaires Index. Bloomberg estimated Trump's net worth spiked by $US4 billion ($6.1 billion) in just a day, giving him a fortune of $US6.5 billion.
