Recently, a highly anticipated shareholder vote finalized the merger between Trump's media company (TMTG) and Digital World Acquisition Corp. (DWAC). This merger facilitated the company's public debut, which saw impressive performance on the Nasdaq exchange just this Tuesday.
The company's swift ascent led to a valuation of $9 billion, marking Trump's triumphant return to the stock market. As a result, Trump's personal net worth now exceeds $7 billion, propelling him higher on the Bloomberg Billionaire Index.
By the end of the week, Trump's wealth surpassed that of businessman and TV personality Mark Cuban, who has been critical of the former president in the past. Trump also outpaced the renowned political contributor George Soros.
According to Bloomberg, Trump holds a significant stake in TMTG, the parent company of his free speech platform, Truth Social, with ownership of over 78 million shares.
These financial achievements coincide with the 2024 election season, where Trump is set to face Joe Biden and the well-funded Democratic apparatus once more. Additionally, Trump must meet a $175 million bond requirement in the New York civil fraud suit to appeal a judgment exceeding $450 million.