let me summarize: you think obama was born in Kenya, Trump won in 2020, and you consider yourself well informed and intelligent.
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Trump's Net Worth Plunges $700M As Social Media Site Truth Social Flops.
- Thread starter 0311
- Start date
multivita-man
Platinum Member
- Aug 10, 2022
- 4,998
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The former president’s fortune dropped from an estimated $3.2 billion last fall to $2.5 billion today. The biggest reason? His social media business, once hyped to the moon, has come crashing down, erasing $550 million from his net worth—so far.
Trumpâs Net Worth Plunges $700 Million As Truth Social Flops
The former president’s fortune dropped from an estimated $3.2 billion last fall to $2.5 billion today. The biggest reason? His social media business, once hyped to the moon, has come crashing down.www.forbes.com
In October 2021, Donald Trump was eager for revenge. Nine months earlier he had been banned from Twitter, depriving him of his primary means of communicating with his followers. His solution? Build his own Twitter. Dubbed Truth Social, it had the potential to boost Trump’s fortune by billions. As soon as he announced the plan, supporters piled into Truth Social’s special purpose acquisition company, or SPAC. Shares of the SPAC, Digital World Acquisition Corp., shot up from $10 to $175 in two days, implying that the business was worth $22 billion, his interest amounting to $19 billion.
The hype never lined up with reality. In December 2021, a group of big-money investors promised to inject $1 billion in cash into the venture—but only if they got a sweetheart deal. By that point, shares were trading for $45 on the open market. But under the agreement, the new investors would be guaranteed a profit as long as the shares stayed above $10. When previously estimating the value of Trump’s stake, Forbes used that $10-per-share figure and came to $730 million.
toobfreak
Tungsten/Glass Member
I know so. The crazy thing is that you DON'T.you think obama was born in Kenya,
Should have won but had the election stolen as detailed exhaustively detail by detail, person by person in the 2/4/21 election steal documentary proudly published by Molly Ball in Time Magazine.Trump won in 2020,
you don't need to further vomit your idiocy onto this board on my account. it's perfectly clear. now take a nap, crazy hermit.I know so. The crazy thing is that you DON'T.
Should have won but had the election stolen as detailed exhaustively detail by detail, person by person in the 2/4/21 election steal documentary proudly published by Molly Ball in Time Magazine.
Kilroy2
Gold Member
- Dec 22, 2018
- 6,299
- 2,133
- 210
Trump failures
cheats on his wives but hey they do get a sweet divorce settlement and they had a child by him
keep the dream alive that he lost the 2nd election with no solid proof of what he claimed and incited a riot to support his claim
his charity organization that he created was shut down and fined 2 million dollars for illegally using funds for personal political gains
the handling of COVID 19 was problematic with most of his supporters afraid of the vaccination when he himself got the quote "Jab",
the China Trade deficient that he boasted that he wanted to change. In fact goods and services deficit was higher than when Obama was president.
feel free to add to the list
cheats on his wives but hey they do get a sweet divorce settlement and they had a child by him
keep the dream alive that he lost the 2nd election with no solid proof of what he claimed and incited a riot to support his claim
his charity organization that he created was shut down and fined 2 million dollars for illegally using funds for personal political gains
the handling of COVID 19 was problematic with most of his supporters afraid of the vaccination when he himself got the quote "Jab",
the China Trade deficient that he boasted that he wanted to change. In fact goods and services deficit was higher than when Obama was president.
feel free to add to the list
Trump has has many huge successes , you schmendrickOnce again the "Stable Genius" has a failed business venture . Trump Steak, Trump Airlines, Trump University. He is being investigated by New York A.G. Letitia James for tax and real estate fraud. Not to mention Jack Smith's investigations into the Traitor's involvement in 01-06.
Suck to be Orange Shit Gibbon right now.
- Feb 22, 2017
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$4 million sent to Trump's campaign in less than two days after the NY DA's office leaked the indictment....
1/3rd of the donations from first time donors.....
Ooooops!.....
A wise man once said...There’s a sucker born every minute.
- Feb 22, 2017
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Trump has has many huge successes , you schmendrick
Little known fact about Trump, not one single company he started himself has succeeded.
- Jan 19, 2010
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Must of been speaking of you.... because anyone who voted for Biden is definitely a sucker....A wise man once said...There’s a sucker born every minute.
- Feb 22, 2017
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Must of been speaking of you.... because anyone who voted for Biden is definitely a sucker....
I didn't vote for Biden, but you already knew that.
So, how much have you sent the billionaire this week?
- Jan 19, 2010
- 67,636
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Oh but you did by not voting for Trump....I didn't vote for Biden, but you already knew that.
So, how much have you sent the billionaire this week?
- Feb 22, 2017
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Oh but you did by not voting for Trump....
You people and your ignorance of how our system works.
- Jan 19, 2010
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Are you going to show me where Clark had her hand in a players face in a taunting way?.... or are you just gonna giggle like a little girl?.....You people and your ignorance of how our system works.
- Jan 19, 2010
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I must have beaten your dumbass again....You people and your ignorance of how our system works.
- Feb 22, 2017
- 104,316
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I must have beaten your dumbass again....
Yeah, by showing you do not understand how elections work in our country you really beat my ass!
You people are so much damn fun!
- Jan 19, 2010
- 67,636
- 61,907
- 3,605
Elections???? I'm waiting for you to show me Clark's hand in a players face to taunt them.....Yeah, by showing you do not understand how elections work in our country you really beat my ass!
You people are so much damn fun!
- Feb 22, 2017
- 104,316
- 35,090
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Elections???? I'm waiting for you to show me Clark's hand in a players face to taunt them.....
I will show you that right after you show me voting for Biden.
Not true , he has a few billionLittle known fact about Trump, not one single company he started himself has succeeded.
- Feb 22, 2017
- 104,316
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Not true , he has a few billion
Not due to any company he started.
Most is tied into his grandmas company he inherited when his dad died.
0311
Diamond Member
- Thread starter
- #100
All the media lies shit stain, you're a traitor.
I served my country in Viet Nam. The Traitor is 5-Deferment Draft Dodging Coward.
I love my country. The Traitor loves himself.
I believe in American Democracy. The Traitor wants to be a dictator.
I never called the Men and Women who were Killed In Action "Suckers and Losers". The Traitor did.
I never attacked Gold Star Families. The Traitor did.
I never sided with a Russian Dictator against the United States of America. The Traitor did.
I never made hush money payments to a Porn Star or Playboy Bunny. The Traitor did.
I never fucked around on my wife, I love her. The Traitor banged a Porn Star and a Playboy Bunny, hence the hush money payments to them so they would blab about fucking the Orange Shit Gibbon.
Fuck the Fucking Asshole Five Deferment Draft Dodging Russian Loving Orange Shit Gibbon.
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