Trump's fortune more than doubles

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Published 26 March 2024 at 17.43

Foreign. Donald Trump's fortune has suddenly increased sharply to 6.5 billion dollars (equivalent to 67 billion kroner). For the first time, he qualifies for the list of the world's 500 richest, reports Bloomberg.

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Trump's social media company Trump Media & Technology Group – which runs his platform Truth Social – has completed a 29-month merger process.

This means that billions of dollars' worth of stock has now officially landed in the ex-president's own hands.

In total, his fortune has thus increased by more than 4 billion dollars. This means that for the first time ever, Trump ends up on the Bloomberg Billionaires Index, the list of the 500 richest people in the world.

– We have a great company and are incredibly honored, says son Eric Trump, vice president of the Trump Organization. in a statement.

The news comes after headlines that Trump's fortune was in danger. He was recently held on $454 million bail in an ongoing lawsuit. However, the sum was reduced to $175 million by an appeals court in New York on Monday.

Trump's fortune previously had a peak of $3.1 billion and consisted largely of real estate.

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