Who could’ve thought the great Donald Trump could be overshadowed? Unfortunately, warmonger Putin has done precisely that, making us wish for a world that was once troubled by Trump to come back. Trump, too has faced a lot of backlashes ever since he moved into the White House. Still, it was his businesses and net worth that took a significant hit—proving that Donald Trump is a better businessman than a politician is his net worth, which has ascended by an estimated $600 million since he left the White House over a year ago, according to Forbes‘ World’s Billionaires List. The man who witnessed a new low when for the first time in 25 years, he fell out of the Forbes’ 400 list of richest Americans has turned his fate around and jumped nearly 300 spots in Forbes’ list of the wealthiest people in the world.
Credit should go to Twitter for banning Donald Trump; why else would he ever launch his new social media app, Truth Social. Jokes apart, the 75-year-old’s development of the social-media platform boosted his wealth by an estimated $430 million. Trump’s fortune has risen from $2.4 billion a year ago to $3 billion today. Less than five months ago, Trump Media & Technology Group and Digital World Acquisition entered into subscription agreements and raised about $1 billion from a group of investors.
Truth social is no Twitter, with many technical issues, dipping popularity, and limited active discussions. But it is also not as drab as the former social platform, “From the Desk of Donald J. Trump.” As per Forbes, Trump now has 835,000 followers—less than 1% of his previous total on Twitter. He also doesn’t post regularly. His only message read, “Get Ready. Your favorite President will see you soon!” No one has seen him since. Still, Trump owns at least 50 percent of the company’s shares, and it is doing him good. Unlike Barack Obama, Bill Clinton, and even George Bush, Trump was the only one whose Presidency cost him money. The suave businessman lost $700 million, and it affected his net worth bringing it down from $3 billion to $2.3 billion throughout his presidency.[Via: Forbes]