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The Guardian - US
The Guardian - US
World
Dan Milmo Global technology editor

How does Trump stand to make $3bn from Truth Social being listed on the market?

Donald Trump Truth Social Digital World United States Trump Media Digital World Acquisition Trump Media Technology
White man seen through a TV camera
Even if the deal goes through, Donald Trump may have to wait six months before he can cash in. Photograph: Jabin Botsford/The Washington Post via Getty Images

Donald Trump racked up a paper fortune of $3bn on Friday when the Truth Social, the social media platform he created, completed a merger that listed the company on the US stock market.

Shareholders in Digital World Acquisition, the listed vehicle set to turn into Trump Media & Technology, approved the transaction on Friday morning, in a move that could boost Trump’s wealth considerably.

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