"Trump's Truth Social Stock Plunge Removes Him from Bloomberg Billionaires Index"
TL;DR
Donald Trump has dropped off Bloomberg's list of the world's 500 wealthiest people as the value of his meme stock, TMTG, plummeted, causing his net worth to fall below the required threshold. Trump's wealth surged earlier this year due to his stake in Trump Media & Technology Group, but the stock's 53% decline in two weeks has led to a significant decrease in his net worth. This comes as Trump faces a $454 million judgment in a New York fraud case and a $175 million bond demand while he appeals the decision.
Topics:top-newsbusiness-politics#bloomberg-billionaires-index#business-politics#donald-trump#meme-stock#net-worth#tmtg-stock
- Donald Trump crashes out of Bloomberg rich list amid TMTG stock slide Business Insider
- ‘This thing is going crazy.’ Why Trump Media stock is subject to extreme turbulence CNN
- Trump no longer on Bloomberg Billionaires Index after Truth Social stock plummets USA TODAY
- Trump's Truth Social shares are plunging again, erasing billions of dollars in value NPR
- Trump Media stock erases all gains since it began trading as shares fall another 11% Monday NBC News
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