(Photo by Alex WROBLEWSKI / AFP via Getty Images) AFP via Getty Images

Trump’s Net Worth Drops $1.1 Billion

Thomas Smith
3 Min Read

President Donald Trump’s estimated net worth has fallen by about $1.1 billion since September, driven largely by a sharp slide in shares of Trump Media and Technology Group (TMTG), the family-backed social media and crypto venture.

Trump’s fortune now stands around $6.2 billion, down from a September peak of roughly $7.3 billion. The dip follows TMTG stock—trading under the ticker DJT—sinking to about $10.18 on Friday, hovering near an all-time low as bitcoin and other major tokens also pulled back.

Just a few months ago, Trump’s wealth had surged by about $3 billion over the prior year, pushing him to No. 201 on the Forbes 400 list of America’s richest individuals—up 118 spots from the 2024 ranking. That run-up was fueled in large part by the Trump family’s crypto push, including World Liberty Financial, a venture announced last year that attracted a $75 million investment from crypto entrepreneur Justin Sun.

World Liberty Financial

Trump and three of his sons are listed as co-founders of World Liberty Financial, a decentralized finance platform that launched in September 2024. The company issued 100 billion $WLFI tokens and allocated 22.5 billion to DT Marks DEFI LLC, a Trump-owned entity in which he holds a 70% stake.

$WLFI debuted at about $0.31 but has since slid to roughly $0.158. Even with that drop, Trump is unlikely to be cashing out yet. The platform’s policy says tokens held by founders, team members, and advisors aren’t unlocked at the start and will follow a longer release schedule than early supporters.

A key figure

$43.31 — DJT’s high point in January, marking the stock’s top price so far this year.

Company performance

TMTG posted a third-quarter loss of $54.8 million on just $973,000 in revenue, according to a Securities and Exchange Commission filing cited previously by Forbes. The company also reported a $48 million decline in its bitcoin holdings, partly offset by about $33 million in gains tied to the Cronos cryptocurrency.

Trump has said he stepped away from his personal business interests after winning the presidency. As part of that shift, he transferred his roughly $4 billion stake in TMTG—operator of Truth Social—into a revocable trust controlled by Donald Trump Jr. Under SEC filings and earlier Trump Organization statements, Trump remains the trust’s sole donor and beneficiary, while Donald Trump Jr. serves as trustee.

The Trump Organization has also confirmed in an April regulatory filing in the United Kingdom that Trump retains control over his businesses while in office. Through the trust, he still owns nearly 115 million DJT shares.

Share This Article
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *