Trump's net worth has in recent days shot up by more than $4 billion, bringing his current total to about $6.5 billion, according to Bloomberg, which tracks the 500 wealthiest people in the world.
A New York appeals court dramatically lowered the amount of cash Trump needs to get a bond that will save him from having to immediately pay a $454 million civil fraud penalty. The bonanza was the result of a merger approved Friday between Trump's social media company, Trump Media & Technology Group, and a shell company, Digital World Acquisition Corp., known asTrump turns to his ‘old cast’ to raise millions for 2024 and the PAC paying his legal billsTrump owns nearly 80 million shares, or roughly 58%, of Trump Media, which operates his social media site Truth Social.
Early Monday, Trump appeared to be unable to put up the more than $550 million to secure a bond that would stop the state from moving to seize his real estate assets.