Trump’s net worth has dropped by $900m since Harris entered the race

https://www.independent.co.uk/news/world/americas/us-politics/trump-net-worth-truth-social-b2589954.html

33 comments

  2. Imagine losing nearly a billion dollars in less than 2 weeks? Trump is cooked.

  3. That we know about. How many bribes is he missing out on because people don’t think he’s a good bet any more?

  6. Should we be getting out our tiny violins in honor of this news?

  13. His half a billion dollar fraud penalty comes due in September

  15. Trump having $900 mill net worth in the first place, is weird.
    Honestly, a chunk of wet toilet paper has more worth than the weirdo.

  16. We can do better. Don’t let up until Harris is in the office.

  17. In the last 5 days Trump Media has lost nearly 12%. It’s not looking good for him

  18. Trump is not just weird… he’s also SO BORING. He says the same sh*t over and over again. No wonder Truth social is an unpopular, worthless pile of crap.

  19. I look forward to the day when he and his grifting family are broke, and either in prison or have to result to giving hot jacks in an alleyway to pay the bills.

  20. The fact that his net worth can be so heavily tied to the presidency should give everyone great concern.

  22. This is all theoretical paper money. We don’t really know if he has any assets that are free and clear.

  23. > The platform has suffered some of its worst-ever audience numbers as of late, according to a media analysis.
    >
    > In June, the site had just over 2.11m unique visitors down 38 percent compared to the same period last year.
    >
    > It is the second lowest site traffic has dipped since June 2022, when Truth Social attracted 1.8 million visitors, according to Howard Polskin, of media monitoring firm TheRighting, who based his analysis on Comscore data. And it’s a world away from the site’s more than 3.2 million visitors upon launch in February of 2022.
    >

    And as he continues to slide in the polls, the hyper-inflated value of Truth Social will continue to fall until it hits penny-stock levels.

    This article doesn’t delve into financials, but last quarter, they lost over 320 million dollars, and brought in revenues of 770 thousand dollars. Ponder those numbers a minute or two. I’m not sure how they are burning through a billion a year to run a cheap twitter clone built off of open source software, I can only assume there are a lot of inflated salaries going to people Trump owes favors to, and so on.

  24. As someone with a short position in DJT nothing makes me happier. Get rekt donnie.

  25. I swear I saw this headline an hour ago, and it said $800M.

    I hope it’s an ongoing tally.

    This is fun. Even if it’s only in my head.

  27. The rest of his life depends on him winning this election.

    If he loses, the court cases won’t go away. His Russian handlers won’t get what they want. His entire facade will come crumbling down.

    It’s all a facade.

  28. This is a bit of sensationalism. This is just referring to how much his DJT stock holdings are worth. They were always going to take a nosedive at some point since the company has never turned a profit nor has any plans to do so. He still has about $3 billion in stocks he can sell in a few months.

  29. The fact that he, or anyone is allowed to profit personally just off of running for office is part of what so fucked up about our country’s system

  30. It’s funny how it’s ‘his’ networth and not ‘his’ political funding.

  32. So many interesting implications here.

    All identity politics aside, the fact his net worth is tied to his favorability in the race basically *proves* he’s bought and paid for by profit interests. Not a surprise at all, and perhaps’s he’s not unique as a candidate in this regard, but it’s good folks are pointing it out as a metric now because it’s a real problem.

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