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Donald Trump’s net worth has skyrocketed.
As of Thursday, May 9, 2024, his net worth was $8.84 billion.
This is the highest amount ever.
The increase in net worth is due to the rise in Trump Media stock.
Former United States President Donald Trump is currently worth a whopping $8.84 billion, making him the highest net worth in history.
This is all according to data tracked by the Bloomberg Billionaires Index, with Trump Media stock up more than 10% as of Thursday, May 9, 2024, reaching its highest close since late March and This is thanks to the huge increase in former President Trump’s net worth.
Trump Media shares rose more than 10% to close at $54.39, marking the fourth highest closing price of the year and a significant rebound from April’s slump.
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Of notable importance is that Trump has increased his stake in Trump Media, with his holdings now at 114.8 million shares in parent company Truth Social, valued at $5.6 billion. It has reached its highest price ever. This remarkable turnaround comes after a period of decline earlier in the year, when the stock price plummeted to $22.84 per share in mid-April, coinciding with Trump’s net worth falling to $3.8 billion. .
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