Donald Trump’s Net Worth Grows Nearly $300 Million–Trump Media Shares Surge | Forbes Topline - video Dailymotion

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Donald Trump’s election victory sent shares in Trump Media & Technology Group soaring on Wednesday, a market shift that added nearly $300 million to Trump’s fortune as he secured his second presidency.  Read the full story on Forbes: https://www.forbes.com/sites/tylerroush/2024/11/06/donald-trumps-net-worth-adds-nearly-300-million-after-election-win-as-trump-media-shares-surge/  Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1  Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:  https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript  Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes:  http://forbes.com  Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

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00:00Donald Trump's election victory sent shares in Trump Media and Technology Group soaring

00:05on Wednesday, a market shift that added nearly $300 million to Trump's fortune as he secured

00:11his second presidency.

00:14Shares of Trump Media increased by nearly 8% to just under $37 as of around 11 a.m.

00:20Eastern Standard Time, following an earlier surge in pre-market trading that sent the

00:25stock above $40.

00:28The value of Trump's roughly 57% stake in Trump Media, totaling 114.75 million shares,

00:36increased by roughly $290 million to $4.1 billion.

00:42Positive trading follows a volatile session Tuesday, during which the stock rose by as

00:47much as 18.6% to $40.74, before turning negative, causing trading in Trump Media to be briefly

00:55halted and ending the day down 1%.

01:00The company reported a loss of $19.2 million during its third quarter, in addition to revenue

01:06declining by 5.6% year-over-year.

01:10Trump's net worth is valued at $6.3 billion, according to our latest estimates.

01:16His fortune has fluctuated in recent months amid volatile trading in Trump Media and briefly

01:21eclipsed $8 billion for the first time since the company went public in March.

01:27For more on this story, check out Tyler Roush's article in the link in the description.

Donald Trump’s Net Worth Grows Nearly $300 Million–Trump Media Shares Surge | Forbes Topline

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