Donald Trump booted From Prestigious List Of Billionaires

[BrokeLoser]

That's gotta hurt!

Donald Trump booted from prestigious list of billionaires after Truth Social parent’s swan dive​

​

When Donald Trump first ran for the presidency in 2016, he famously staked his reputation on his wealth—not only had the real estate magnate mastered the art of the deal, but his vast riches meant special interests couldn’t buy him.



Trump couldn't be bought.. except by billionaires Miriam and Sheldon Adelson; Jeff Sprecher and his wife, Kelly Loeffler; Diane Hendricks; Woody Johnson; Geoffrey Palmer; Timothy Mellon; Linda McMahon; Kelcy Warren; Timothy Dunn; Elizabeth and Richard Uilhein; and several others.


Now, media group Bloomberg has stripped Trump of his prestigious membership in its virtual country club of billionaires.

This week he was booted from its index of the 500 wealthiest people in the world after shares in Trump Media & Technology Group tumbled.

TMTG shares lost another 9% on Wednesday to close at $34.26 each, bringing total declines to 57% since their peak on March 26.



TMTG shares are now even worse than when that article was written. They closed today at $22.24.



At least four of Trump’s businesses have declared bankruptcy, and no major lender save for risk-friendly Deutsche Bank is still willing to do business with him.


[snip]


Trump also will have to roll over $780 million in mortgage debt over the next five years, according to an estimate by Forbes, right when interest rates have hit punishing levels and vacancies in prime real estate markets soar as more people work from home.

The March 26 listing of Truth Social parent company Trump Media & Technology Group seemed to come just in the nick of time.

Beyond the $300 million in cash raised from investors to help ensure its immediate survival, the initial surge in its stock price added more than $3 billion to Trump’s wealth overnight.


Buuuuuut...



Yet the more Wall Street saw just the business substance—or lack thereof—there was to TMTG, a loss-making Twitter clone whose main draw is its most famous user, the more the stock dived.

Now grab your ankles for the rapist with the golden toilet.

Not looking good...

'Risk of collapse': Trump Media stock in 'serious' jeopardy as Truth Social languishes

Shares of Trump Media Stock (DJT) are facing "serious risks" this week, according to a report by Forbes.The publication noted that Trump Media management failed to hold an earnings call — likely at the request of majority shareholder and former President Donald Trump. Without an earnings call...

www.rawstory.com

Proving how incompetent he is

Time for Mobster Trump to run another "stop the steal" con fleecing the rubes as they drain their kids college fund accounts!

What he broke… was the Republican Party
Whether it’s permanent or not is yet to be seen

It's not fake.

You guys are all having reality issues.

Trump has never been honest in his entire life. He's always been a crook.

Donald Trump booted From Prestigious List Of Billionaires​

Does that mean DJT has gained more street cred with you purple hair degenerates?
I mean you hate those wealthy elites…right?
You love and admire those felons…those sexual deviants…right? He’s a rapist you know.

 

[Delldude]

That's gotta hurt!

Trump Media stock is plummeting. These shareholders don't care

Truth Social shares have fallen more than 40% over the past month, but some shareholders don't care.

abcnews.go.com

 

[Winco]

proving once and for all he is one of the few HONEST ones,

You've been Conned.

 

[Moonglow]

That's gotta hurt!

Donald Trump booted from prestigious list of billionaires after Truth Social parent’s swan dive​

​

When Donald Trump first ran for the presidency in 2016, he famously staked his reputation on his wealth—not only had the real estate magnate mastered the art of the deal, but his vast riches meant special interests couldn’t buy him.



Trump couldn't be bought.. except by billionaires Miriam and Sheldon Adelson; Jeff Sprecher and his wife, Kelly Loeffler; Diane Hendricks; Woody Johnson; Geoffrey Palmer; Timothy Mellon; Linda McMahon; Kelcy Warren; Timothy Dunn; Elizabeth and Richard Uilhein; and several others.


Now, media group Bloomberg has stripped Trump of his prestigious membership in its virtual country club of billionaires.

This week he was booted from its index of the 500 wealthiest people in the world after shares in Trump Media & Technology Group tumbled.

TMTG shares lost another 9% on Wednesday to close at $34.26 each, bringing total declines to 57% since their peak on March 26.



TMTG shares are now even worse than when that article was written. They closed today at $22.24.



At least four of Trump’s businesses have declared bankruptcy, and no major lender save for risk-friendly Deutsche Bank is still willing to do business with him.


[snip]


Trump also will have to roll over $780 million in mortgage debt over the next five years, according to an estimate by Forbes, right when interest rates have hit punishing levels and vacancies in prime real estate markets soar as more people work from home.

The March 26 listing of Truth Social parent company Trump Media & Technology Group seemed to come just in the nick of time.

Beyond the $300 million in cash raised from investors to help ensure its immediate survival, the initial surge in its stock price added more than $3 billion to Trump’s wealth overnight.


Buuuuuut...



Yet the more Wall Street saw just the business substance—or lack thereof—there was to TMTG, a loss-making Twitter clone whose main draw is its most famous user, the more the stock dived.