Trump’s wealth dented after Democrats trounce Republicans in midterms

Trump Media stock and WLFI coin saw declines but he is still $2.7bn wealthier than when he won election in 2024 Donald Trump ’s wealth is falling along with his political fortunes. Tradable investment assets that helped make the president more than $2bn during his first year in o

Trump Media stock and WLFI coin saw declines but he is still $2.7bn wealthier than when he won election in 2024 Donald Trump ’s wealth is falling along with his political fortunes. Tradable investment assets that helped make the president more than $2bn during his first year in office are collapsing in value the day after the Democrats trounced the Republicans in the midterm elections . Trump Media and Technology Group stock, which trades on the Nasdaq exchange, was priced at just over $5 on Wednesday morning – its lowest mark ever, and down from an all-time high of $101.

It lost 11% overnight, dropping from $5.90 once the election returns started coming in. Trump has reported he owns 114m shares of DJT. Continue reading...