Donald Trump's Ownership in Trump Media
Former President Donald Trump secures additional $1.6 billion worth of shares in Trump Media, bringing his total ownership to over $5.2 billion. The value of shares is currently 'paper wealth.' Trump's ownership now close to two-thirds of the company's outstanding shares.
Key Points
- Trump awarded 36 million additional shares in Trump Media based on stock hitting price benchmarks
- Trump now owns over 114 million shares worth $5.2 billion
- Shares are restricted from selling for six months after company went public
- Trump Media & Technology Group merged with Digital World Acquisition Corp. to go public
Pros
- Increased ownership in a growing media company
Cons
- Shares are currently 'paper wealth'
- Company reported significant losses for 2023