
First the NY Appeals Court reduced Trump’s bond requirement down to $175 Million. One of his attorneys took the opportunity to needle Letitia James over it (bringing her smirking standard “the fine is still the same” remark). Then President Trump put Truth Social on the publicly traded stock market, which pushed him into the 500 richest people in the world club as of Tuesday. They tried so hard to destroy him, but it hasn’t worked.
“Truth Social parent company Trump Media & Technology Group (TMTG) went public following its merger with Digital World Acquisition Corp (DWAC). It will trade under the ticker symbol DJT on NASDAQ starting Tuesday. President Trump holds 78.75 million shares in the entity. DWAC closed Monday at $49.95, which makes the former president’s stake in the merged company worth $3.9 billion. According to Bloomberg, the deal pushes President Trump’s net worth to $6.5 billion, enabling him to join the list of wealthiest 500 people in the world on the Bloomberg Billionaires Index. President Trump’s assets are spread across a wide variety of liquid and illiquid instruments. In a March 22 Truth Social post, the former president said he currently has almost $500 million in cash.” The Epoch Times
🚨 Trump is a business genius
He bought Mar-A-Lago for $10 million, and it is now worth over $350 million
He created Truth Social and just by providing his name he got a multi-billion dollar return on that deal
📢 The left wants to lie tell you that he is broke because they… pic.twitter.com/aiHCkvTgIM
— The Dibster (@richarddibX) March 26, 2024
What Dems hoped for today: Trump could not post a $454 million bond and Letitia James and her goons would begin seizing Trump properties.
What Dems got: An appellate court slashed the bond to $175 million. Trump will pay it in cash. Truth Social goes public making Trump $3…
— Charlie Kirk (@charliekirk11) March 26, 2024
🚨Donald Trump’s Truth Social is officially public and trading under the ticker $DJT pic.twitter.com/2wS8C64wFS
— Benny Johnson (@bennyjohnson) March 26, 2024
Will this presidential election be the most important in American history?
Donald Trump can’t tap into the money from Truth Social for several months due to the rule that protects the prices on new stocks. But since his bond is less than half what James and Engoron demanded, he can pay it. It sincerely causes them anger, since James has been bragging about seizing Trump Tower and other properties. All while smirking about what she has done.
Anything can happen now, and the danger for President Trump is real. The courts have issued another gag order in New York from the hush money trial. Now that he has joined the ranks of the 500 richest persons in the world, we wonder if things are about to get even worse.
*****
Related:
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- ‘Mic Drop’: Trump Torches Regime Media For Suppressing Biden Lawlessness (Video)
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