Trump net worth reaches 6.4 billion, becomes one of world's richest people (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
June 03, 2024, 12:05:22 AM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  U.S. General Discussion (Moderators: The Dowager Mod, Chancellor Tanterterg)
  Trump net worth reaches 6.4 billion, becomes one of world's richest people (search mode)
Pages: [1]
Author Topic: Trump net worth reaches 6.4 billion, becomes one of world's richest people  (Read 2509 times)
Minnesota Mike
YaBB God
*****
Posts: 4,179
« on: April 02, 2024, 01:02:38 AM »
Quote from: Yoda on April 02, 2024, 12:00:56 AM

Who's money is Truth Social burning through? It's certainly not trump's money, that's the one thing we know for sure.

The IPO raised about $300 mill in operating cash for the company. That will keep the doors open for awhile but it's going bankrupt at some point, the question is whether Trump gets a chance to dump his shares before then.
Logged
Minnesota Mike
YaBB God
*****
Posts: 4,179
« Reply #1 on: April 15, 2024, 05:55:22 PM »
« Edited: April 15, 2024, 06:03:10 PM by Minnesota Mike »
Small-time investors in Trump’s Truth Social reckon with stock collapse.

https://www.washingtonpost.com/technology/2024/04/14/truth-social-investors-faith-trump/

Down another 18% today to $26.61. Sad thing is Trump is going to make a killing as long as the price remains above zero, he literally paid nothing for his shares and owns about 65% of the company (115M shares), while the MAGA fools who invested are going to lose their shirts. It's hard to feel that bad for people who made such an obviously bad investment but man Trump is really screwing over his most ardent followers.
Logged
Minnesota Mike
YaBB God
*****
Posts: 4,179
« Reply #2 on: April 16, 2024, 01:53:23 PM »
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.015 seconds with 10 queries.