Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
Gustaf Kilander

Trump loses $1.3bn in net worth after his social media stock tanks

Former President Donald Trump lost $1.3bn in his net worth in a single day after his social media stock took a massive plunge.

The Trump Media & Technology Group, the owner of Truth Social, saw its share price decrease by 22.3 percent on Wednesday. That’s the company’s worst one-day loss since it went public in March, CNN noted.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.