Topline
President-elect Donald Trump’s net worth saw a sharp increase of over $865 million on Monday, fueled by a significant surge in Trump Media & Technology Group’s (TMTG) stock price. This latest jump represents a $1 billion rise in his wealth since December 20, when he transferred his 57% stake in TMTG to his revocable living trust.
Key Facts
📈 Trump’s net worth hit $7 billion as of 4:10 p.m. EST on Monday, reflecting an $868 million surge.
📈 TMTG’s stock price closed at $42.91, marking a 20% increase and its highest price since October 29, 2024.
📉 The stock had previously peaked at $66.22 in March 2024 before dropping to $12.15 in September.
📊 Trump transferred 114.75 million shares of Trump Media to his revocable trust in December, effectively maintaining control while giving Donald Trump Jr. authority as sole trustee.
📉 On Friday, TMTG shares opened at just over $33, reducing Trump’s stake value from $4 billion to $3.8 billion.
Background & Market Volatility
📌 TMTG has experienced extreme market fluctuations since its public debut in March 2024.
📌 The stock surged in late October, reaching $51.51 amid volatile trading and anticipation of Trump’s presidential election victory.
📌 Trump’s net worth previously spiked to $7.7 billion when TMTG hit its highest valuation in 2024.
📌 The most recent rally appears to be linked to Trump’s upcoming inauguration rather than any fundamental financial changes within the company.
Trump’s Media Holdings and Trust Transfer
🔹 Trump’s 114.75 million shares of TMTG were moved to the Donald J. Trump Revocable Trust, allowing him to indirectly own the shares.
🔹 Donald Trump Jr. serves as the sole trustee, with full control over voting and investment decisions.
🔹 While Trump insists he has no plans to sell, his trust arrangement allows for the possibility of shares being sold by his son without violating his public commitment.
Impact of the Trust Transfer on Trump’s Wealth
🔻 Following the transfer, TMTG’s stock dropped 6%, wiping out $200 million from Trump’s net worth.
🔻 Despite this dip, Trump’s overall financial position remains strong, with TMTG’s recent rally restoring much of his stake’s lost value.
🔻 The trust structure enables Trump to shield himself from direct stock market involvement, while still benefiting financially as the sole trust beneficiary.
Conclusion
Donald Trump’s $7 billion net worth surge underscores the volatile nature of Trump Media & Technology Group’s stock and its deep ties to political developments. As his inauguration nears, investor speculation continues to drive TMTG’s stock movement, positioning Trump as a dominant financial figure in the media and technology space. 🚀💰