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Business

Rafael Nam

Trump to score additional $1.2 billion windfall thanks to his Truth Social app

Donald Trump Truth Social Trump Media

Former President Trump is set to receive 36 million additional shares in his social media company, providing him with a windfall of more than $1 billion. (Anna Moneymaker/Getty Images)

Former President Trump is set to get $1.2 billion richer — at least on paper.

The windfall comes thanks to being rewarded with an additional 36 million shares in Trump Media & Technology Group, the company behind his Truth Social app.

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