Trump's Social Media Company Generates $4 Million in Revenue, but Valued at $5.5 Billion

  • 📰 washingtonpost
  • ⏱ Reading Time:
  • 6 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 72%

Business Notizia

Donald Trump,Social Media,Revenue

Former president Donald Trump’s social media company generated just $4 million in revenue last year — about as much as the average McDonald’s franchise in the United States. However, Trump Media & Technology Group, which runs Truth Social, has granted Trump a share package now worth billions of dollars and has paid its leaders millions of dollars in salaries, bonuses, and stock. Despite its low revenue, Truth Social's market value is estimated to be around $5.5 billion.

Former president Donald Trump’s social media company generated just $4 million in revenue last year — about as much as the average McDonald’s franchise in the United States. However, Trump Media & Technology Group, which runs Truth Social, has granted Trump a share package now worth billions of dollars and has paid its leaders millions of dollars in salaries, bonuses, and stock.

Despite its low revenue, Truth Social's market value is estimated to be around $5.5 billion.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 95. in İT

Italia Ultime Notizie, Italia Notizie