"Trump's Truth Social Stock Plunge Removes Him from Bloomberg Billionaires Index"

Donald Trump's net worth has dropped significantly after the stock price for Trump Media, the parent company of his social media platform Truth Social, plummeted, causing him to be removed from the Bloomberg Billionaires Index. The stock's value has decreased from nearly $8 billion to around $5 billion since its debut, impacting Trump's stake, which was initially valued at $6 billion. Despite criticism and warnings about the company's financial stability, Trump has defended Truth Social, claiming it is "very solid" and "growing fast."