Connect with us

Hi, what are you looking for?


Trump Set To Receive BILLION-Dollar Payday

via NBC News
This article was originally published at Publications approved for syndication have permission to republish this article, such as Microsoft News, Yahoo News, Newsbreak, UltimateNewswire and others. To learn more about syndication opportunities, visit About Us.

Former President Donald Trump stands to receive a significant financial windfall from Trump Media & Technology Group.

As part of an earn-out provision in the merger that formed the company, Trump is expected to acquire 36 million additional shares worth over $1 billion.

This provision rewards Trump with bonus shares if the stock price of the company, which owns Truth Social, remains above $17.50 for a specific period.

Analysts are skeptical of Trump Media’s valuation and financial prospects given ongoing losses and minimal revenue, labeling the stock as overpriced and volatile.

While the shares would greatly increase Trump’s net worth, legal and market constraints like lock-up periods may delay converting them to liquid assets.

Nonetheless, Trump’s majority stake in the company could boost his political influence as he eyes another presidential run.

You May Also Like