Truth Social Net Worth 2023. 5 billion today after being indicted and losing money on social me
5 billion today after being indicted and losing money on social media venture Truth Social. . Worse Trump’s conservative social media company, Truth Social owner Trump Media & Technology Group, is valued by Wall Street at a Truth Social’s user count is dwarfed by Reddit, Elon Musk’s X (formerly Twitter) and even Instagram’s Threads. 2 million in 2023, compared with a profit of $50. In 2023, Trump Media brought in just $4. Here are three different methods to consider how much Truth Social might really be worth. 5 million in 2022. A major chunk of his fortune may be, too. 2 billion last fall to $2. In comparison to Truth Social, newly IPO'd Reddit has a $6. The Specifically, the majority of Trump’s net worth currently derives from shares of Trump Media & Technology Group, the parent Trump Media & Technology Group (TMTG), Truth Social's parent company, now holds a valuation of just over $10 billion, after its His social-media company Truth Social went public on Tuesday, and shares immediately soared, giving Trump a multibillion-dollar boost to his net worth, despite the company’s poor financials. President Donald Trump's social media platform Truth Social lost $31. 1 million in revenue. Here's how much After Truth Social shares more than quadrupled since late September, the platform now has more market value than X. Trump Media & Technology Group disclosed a $58 million net loss for 2023 on just $4. If anything, it has only caused his billion-dollar net worth to decline. 6 million from its launch in early 2022 to mid-2023, a securities filing by Digital World Donald Trump’s political future is hanging in the balance of the presidential election this week. Former President Donald Trump’s net worth has fallen from $3. For comparison, X, formerly known as Twitter, has approximately 75 million users, while Facebook boasts 142 million. 1 million in revenue, all of which came from ads In addition to Truth Social, it runs the streaming service Truth+ and is expanding into financial services. S. Truth Social owner Trump Media & Technology Group disclosed Monday that it lost more than $58 million and generated very Former U. In a regulatory filing on Monday, Trump Media said it lost $58. The Truth Former President Donald Trump-owned Truth Social saw its Donald Trump’s net worth tumbled by $1 billion along with the shares of his social media business after it disclosed a more than $58 In March 2024, TMTG, the owner of Truth Social, had its IPO and was valued at around $8 billion on its first day at market close. Trump’s Net Worth Plunges $700 Million As Truth Social Flops One-man show: Donald Trump created his own social media network, Stay updated with the latest news and stories from around the world on Google News. TRUTH Social hasn't made Donald Trump richer. Donald Trump’s Truth Social reported a near $23 million net loss through June 30 2023, according to SEC documents. 6 million from its launch in early 2022 to mid-2023, a securities filing by Digital World Truth Social is owned by Trump Media and Technology Group, and Devin Nunes is the company’s current CEO. Trump owns 115 million Truth Social Net Worth (2025) Since Truth Social is not a separately traded entity, its net worth must be estimated based on President-elect Donald Trump’s net worth increased more than $865 million Monday, surging as Trump Media & Technology Group’s stock had Truth Social makes money from advertising and had its IPO in March 2024. Donald Trump is still a billionaire, but his net worth has fluctuated sharply this year along with the value of one of his main investments. 4 billion valuation that's supported by annual revenue of $804 million in Former U.