Democrats’ midterm sweep wipes $73 million off Trump’s fortune
- US President Donald Trump lost an estimated $73 million from his fortune after Democrats won control of both houses of Congress in the November 3 midterm elections.
- • Shares of Trump Media & Technology Group, which owns his social media platform Truth Social, fell over 11% to a record low of $5.23.
- Forbes attributed the drop in Trump’s estimated $6.5 billion net worth to the stock fall. He owns around 41% of the company.
Source: businesstoday.in
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