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re: Trump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest People

Posted on 3/25/24 at 5:39 pm to
Posted by Diseasefreeforall
Member since Oct 2012
5579 posts
Posted on 3/25/24 at 5:39 pm to
I edited my post above because I thought my calculation was wrong and there's no way this thing effectively has a market cap of $11 billion but it's true.

Truth Social brings in less than $10 million per year, burns $200 million and is worth $11 billion. A lot of folks are eventually gonna get wrecked on this one.

Either this thing will collapse in the 6 months until he can sell his shares or he's gonna make billions dumping on some diehard greater fool supporters.
This post was edited on 3/25/24 at 5:42 pm
Posted by Bjorn Cyborg
Member since Sep 2016
26962 posts
Posted on 3/25/24 at 5:46 pm to
quote:

he's gonna make billions dumping on some diehard greater fool supporters.


Well, yea.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 3/25/24 at 7:46 pm to
quote:

Either this thing will collapse in the 6 months until he can sell his shares or he's gonna make billions dumping on some diehard greater fool supporters.


He’s counting on the unclefester types for sure.
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