Trump net worth reaches 6.4 billion, becomes one of world's richest people

[Arizona Iced Tea]

https://twitter.com/business/status/1772341317122572727?t=aqGlUPiqtQ7vN7C4iqMPrQ...

[Joe Republic]

Perfect timing to start paying his fines, and perhaps even his lawyers!

[emailking]

As we've seen, there's a big difference between net worth and purchasing power.

[○∙◄☻¥tπ[╪AV┼cVê└]

As we've seen, there's a big difference between net worth and purchasing power.

Obviously real estate isn't very liquid.

[Absentee Voting Ghost of Ruin]

Perfect timing to start paying his fines, and perhaps even his lawyers!

He didn't get to be rich by paying what he owes.

[Amenhotep Bakari-Sellers]

Of course if you include his assets of Trump Towers why can he not pay his 464M fine, they are promising to get his Trump Towers after he loses

[Absentee Voting Ghost of Ruin]

https://twitter.com/business/status/1772341317122572727?t=aqGlUPiqtQ7vN7C4iqMPrQ...

So, you're saying he lied when he claimed he was worth $10 billion?

[heatcharger]

Exciting day for America.

[ηєω ƒяσηтιєя]

He shouldn't have any problems paying his legal fees then (if we take this BS at face value).

[○∙◄☻¥tπ[╪AV┼cVê└]

https://twitter.com/business/status/1772341317122572727?t=aqGlUPiqtQ7vN7C4iqMPrQ...

So, you're saying he lied when he claimed he was worth $10 billion?

Yes, both he and the people who claimed he wasn't a billionaire were lying.

[Amenhotep Bakari-Sellers]

Exciting day for America.

You aren't getting his billionaire and I am not getting Aaron Gordon millionaires either, but Aaron Gordon is a D Blk Lives Matters

[Yoda]

Perfect timing to start paying his fines, and perhaps even his lawyers!

Can't wait until the Jan 6th cops who are suing him get their day in court now. Those guys are gonna get PAID.

[Amenhotep Bakari-Sellers]

Rs gets so excited about Trump billionaires and the Rs are as likely to get Trump billionaires as me as to get Aaron Gordon millionaires, but as I stated Blk athletes are Ds and donate to BLM

But gambling is a way to get millionaires

[dead0man]

is the OP in defense of Trump?  I'm confused.

[Electric Circus]

This is what they're telling investors:

Big ambitions for a private Mastodon fork with negligible revenue relative to its valuation. On the other hand, as of this writing, "DJT" is up 33% today.

[I spent the winter writing songs about getting better]

This is what they're telling investors:

Big ambitions for a private Mastodon fork with negligible revenue relative to its valuation. On the other hand, as of this writing, "DJT" is up 33% today.

What? Trump is implying the launch of a streaming service to compete with Netflix and Disney+?

[heatcharger]

Exciting day for America.

You aren't getting his billionaire and I am not getting Aaron Gordon millionaires either, but Aaron Gordon is a D Blk Lives Matters

✊🏾✊🏾✊🏾

We haven’t voted yet

[GP270watch]

 DJT the ticker symbol is the same as his former publicly listed company that went bankrupt. This SPAC merger is such a pump and dump. Truth Social is a shell of company, it has no profits and no roadmap to profitability.

 Who is MAGA going to be upset with when they lose a bunch of their money?

[Electric Circus]

Exciting day for America.

You aren't getting his billionaire and I am not getting Aaron Gordon millionaires either, but Aaron Gordon is a D Blk Lives Matters

Xi is paying Trpm through the American Tiktok investor. That’s why Trpm flip flo/pped on Tiktok.

[Benjamin Frank 2.0]

If anybody wants to bet against this, the way to do so is not to sell the company short, your losses are potentially limitless if you do that,

If you sell short the stock when it's trading at say $10, and it goes up to say $30 in a couple days, you have to 'cover' that short by putting additional money up. This is called 'covering a naked short.' When a stock goes up very quickly, it can be hard to get out of the short.

as John Maynard Keynes said
"The market can remain irrational longer than you can remain solvent"

The way to bet against it is to buy an option/derivative called a 'put.' (There are puts and calls.) A derivative is a way to place a bet on the underlying stock/security, hence the option 'derives' from the actual stock/security and is called a 'derivative.'

Buying a 'put' on this stock allows you to sell it at a set price for a certain period of time. So, if the stock price does not fall below the set price on the put during this period of time, you lose what you bought the 'put' for, which is usually just a few cents per 'put' option (but you would probably buy several hundred 'put' options), but if the stock declines below the set price, you can make a fair deal/a lot of money. In this way, derivatives are said to 'leverage' the market.

As Archimedes said:
"Give me a lever long enough, and I can move the earth."

Of course, if after buying the 'put' and before it expires, you don't feel the stock price will fall below the set price, you can sell the 'put' but, presumably for a loss.

[Fmr. Pres. Duke]

If Trump doesn't get a waiver to sell his shares now, he may not have much when he's allowed to. Not sure who will want to invest in a company that loses $26M a quarter and only generates $1.1M in revenue.

[Benjamin Frank 2.0]

If Trump doesn't get a waiver to sell his shares now, he may not have much when he's allowed to. Not sure who will want to invest in a company that loses $26M a quarter and only generates $1.1M in revenue.

Greater fools.

[I spent the winter writing songs about getting better]

If Trump doesn't get a waiver to sell his shares now, he may nt have much when he's allowed to. Not sure who will want to invest in a company that loses $26M a quarter and only generates $1.1M in revenue.

How on Earth would such a company be valued in billions?

[Landslide Lyndon]

Who is MAGA going to be upset with when they lose a bunch of their money?

The (((Jews))) of course.

[Atlas Has Shrugged]

Who is MAGA going to be upset with when they lose a bunch of their money?

The (((Jews))) of course.

The J-O-O-s