Home Business On paper, Donald Trump now owns another 3 billion dollars

On paper, Donald Trump now owns another 3 billion dollars

by endroar

Digital World's shares have yet to gain traction with investors. The company's share price fell by around 14 percent after the company's board voted on the listing on the stock market on Friday. As a result, there is uncertainty about the exact price at which Trump can sell his shares in the future.
The new company was registered on the stock market as DJT. The company can start trading from next week.

Trump's share in the merged company is 58.1 percent. Currently, each share is priced at $40. As such, the total value of the shares held by Trump is more than 3 billion dollars.

This is good news for Donald Trump. But for now he is not getting relief; Because, these shares cannot be sold now. Last February, a New York court fined Trump $466 million, which he cannot use to pay the fine. But the deadline for payment of this money is tomorrow Monday. But no surety company has agreed to help Trump pay the money. So far 30 companies have rejected his offer.

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