Many Americans believe Democrats launched lawsuits against Trump to drain his resources. He is fighting many legal battles across four districts. Not only does that require time and money, but one of those cases resulted in a $330 million fine.
It is possible Democrats are doing this to derail Trump’s presidential campaign. Instead of investing in rallies, speeches, and events, he has to appear in court to defend himself.
But perhaps Democrats have missed their shot, by a wide margin. If they thought they could bleed Trump dry, they were sorely mistaken. The former president just merged his social network with a company so it can go public. And he just reached another major milestone in 2024.
From Breitbart:
Former President Donald Trump reportedly became one of the richest people in the world with his net worth topping $6 billion on Monday after his social media company, Trump Media & Technology Group (TMTG), finalized a more than two-year merger process…The successful merger and stock price landed the former president on Bloomberg’s list of the 500 richest people in the world, Bloomberg reported Monday. The media organization estimated Trump’s worth to be $6.4 billion.
Democrats are mourning the news that Donald Trump has become one of the 500 richest people in the world. After dominating the global real estate business, Trump turned his eye to social media.
Getting kicked off of liberal-owned social networks led Trump to build his own. And it was just merged with a company that will allow it to go public, meaning people can buy stock in Truth Social.
Trump is now worth, according to Bloomberg, $6.4 billion. It would take Biden forty more years of receiving bribes from China to get even close to that number.
Democrats seem to misunderstand Trump. He has a knack for making money in a way that baffles the elite. They can hammer him with lawsuits all day long, but it seems he’ll still land on his feet.
If investors rush to buy Truth Social stock, its value could get even higher. Meaning, Trump’s worth will only grow. He already claimed he had the cash to post the Democrats’ bond. It doesn’t seem like cash will be a big problem for him at all.
Key Takeaways:
- Trump became one of the top 500 richest people in the world.
- When his Truth Social company went public, his worth reached $6.4 billion.
- This comes as Democrats try to bleed his campaign dry with endless lawsuits.
Source: Breitbart
