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International Business Times UK
International Business Times UK
World
Thea Felicity

Trump's Net Worth Tanks by $5bn as His Media Company Crashes After Crypto-Fueled Freefall

US President Donald Trump speaks to reporters at the White House. (Credit: YouTube)

US President Donald Trump and his family's Trump Media & Technology Group have seen a massive hit to its stock price as the crypto market declines, taking out over £4.6 billion ($5 billion) from the family's wealth.

The stock, trading under the ticker DJT, dropped to £10.30 ($10.32) on Tuesday. This is an all-time low level not seen since autumn 2021.

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