L.K.Eder
unbannable non-troll
let me summarize: you think obama was born in Kenya, Trump won in 2020, and you consider yourself well informed and intelligent.
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
- 5,299
- 2,681
- 938
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.
Trump’s 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.
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.
L.K.Eder
unbannable non-troll
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.
Kilroy2
Gold Member
- Dec 22, 2018
- 7,486
- 2,713
- 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
Quasar44
Diamond Member
Trump has has many huge successes , you schmendrick
H
Harpy Eagle
Guest
A wise man once said...There’s a sucker born every minute.
H
Harpy Eagle
Guest
Little known fact about Trump, not one single company he started himself has succeeded.
Rambunctious
Diamond Member
- Jan 19, 2010
- 78,786
- 77,615
- 3,605
Must of been speaking of you.... because anyone who voted for Biden is definitely a sucker....
H
Harpy Eagle
Guest
I didn't vote for Biden, but you already knew that.
So, how much have you sent the billionaire this week?
Rambunctious
Diamond Member
- Jan 19, 2010
- 78,786
- 77,615
- 3,605
Oh but you did by not voting for Trump....
H
Harpy Eagle
Guest
You people and your ignorance of how our system works.
Rambunctious
Diamond Member
- Jan 19, 2010
- 78,786
- 77,615
- 3,605
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?.....
Rambunctious
Diamond Member
- Jan 19, 2010
- 78,786
- 77,615
- 3,605
I must have beaten your dumbass again....
H
Harpy Eagle
Guest
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!
Rambunctious
Diamond Member
- Jan 19, 2010
- 78,786
- 77,615
- 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!
H
Harpy Eagle
Guest
I will show you that right after you show me voting for Biden.
Quasar44
Diamond Member
Not true , he has a few billion
H
Harpy Eagle
Guest
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
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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