Trump, a really great business man?

The selloff has erased significant amounts of wealth for investors — including Trump.

Trump’s dominant stake of 114.75 million shares was valued at $6.2 billion on May 9. It’s now down to about $2.1 billion, a sharp drop that has knocked Trump off the Bloomberg Billionaires Index of the world’s 500 richest people.

The wipeout reinforces concerns raised by experts who have repeatedly warned that Trump Media’s multi-billion-dollar price tag defies logic. The company is losing money, generating very little revenue and Truth Social remains a relatively tiny player in social media.

The selloff has erased significant amounts of wealth for investors — including Trump.

Trump’s dominant stake of 114.75 million shares was valued at $6.2 billion on May 9. It’s now down to about $2.1 billion, a sharp drop that has knocked Trump off the Bloomberg Billionaires Index of the world’s 500 richest people.

The wipeout reinforces concerns raised by experts who have repeatedly warned that Trump Media’s multi-billion-dollar price tag defies logic. The company is losing money, generating very little revenue and Truth Social remains a relatively tiny player in social media.

The selloff has erased significant amounts of wealth for investors — including Trump.

Trump’s dominant stake of 114.75 million shares was valued at $6.2 billion on May 9. It’s now down to about $2.1 billion, a sharp drop that has knocked Trump off the Bloomberg Billionaires Index of the world’s 500 richest people.

The wipeout reinforces concerns raised by experts who have repeatedly warned that Trump Media’s multi-billion-dollar price tag defies logic. The company is losing money, generating very little revenue and Truth Social remains a relatively tiny player in social media.