Donald Trump net assets: billions of exposed Fortune when TMTG Tumble hits stocks

According to Forbes, President Donald Trump’s assets fell to 4.6 billion US dollars on January 13, which coincides with a dramatic value of the Trump Media & Technology Group (TMTG) Protry.

Newsweek Contacted TMTG and the White House on Tuesday by e -mail to make a comment.

Why is it important

Trump is a certain edge of the richest president in the history of the United States and combined the office with a number of business interests, including real estate, golf courses and a winery.

In 2021, Trump founded TMTG after he was banished by hundreds of his followers of Twitter after the congress stormed on January 6th. TMTG started Truth Social, a competing social media platform, which is still the main business, even though he was restored after buying this platform in Twitter, now X.

The sharp decline in Trump’s assets will raise questions about how his political and business interests have intertwined, and to deal with the American economy in general, with the president refused to rule out a recession on Sunday.

What to know?

According to Forbes, Trump had a net assets of 4.6 billion US dollars on Tuesday from 11:20 a.m. ET on Tuesday, which made him 753^RD richest person in the world.

However, this is a significant fall from mid-January, when Forbes recorded the assets of the then Elect of President to $ 7 billion after the value of TMTG shares, of which Trump has the majority, corresponds to the value of $ 875 million.

During the same period, the TMTG share of $ 42.91 per share dropped greatly on Tuesday to EUR 19.29 from 11:20 a.m. on Tuesday.

Since the company went to the stock exchange in March 2024, the TMTG share was very volatile and closed on the second trading day with a high of USD 66.22 before falling to USD 22.84 on April 16.

TMTG share seemed to be connected to Trump’s political assets, and it was praised back at the beginning of May. Then the alleged Republican presidential candidate was found guilty

The TMTG share recorded a steady decline in the middle of the President in the summer, with Vice President Kamala Harri Harri’s President Joe Biden at the head of the democratic ticket and achieving a record course of $ 12.15 in mid-September.

In December 2024, Trump TMTG shares worth around 114.75 million to Donald J. Trump, whom he owns and has his eldest son Donald Trump Jr. as the sole trustee.

Trump’s severe wealth loss after the S&P 500 lost 2.7 percent of its value on Monday, fears that the presidents’ persistent trade wars could immerse the country into a recession. In conversation with Maria Bartiromo from Fox News, Trump refused to rule out a recession on Sunday and commented: “I hate to predict such things.”

At the beginning of this month, with the exception of the oil, with the exception of oil tariffs of 25 percent for all imports of Mexico and Canadian products, introduced to China together with an additional 10 percent tariff. This triggered retaliation duties to American business from Ottawa, Canada’s provinces and Beijing.

On Tuesday, Trump declared a “national emergency against electricity” after the Prime Minister of Ontario, Doug Ford, introduced a surcharge of 25 percent on electricity exports in three American countries. It also increased tariffs on Canadian steel and aluminum from 25 to 50 percent.

What people say

When asked about the possibility of a recession of Fox News on Sunday Trump replied: “I hate to predict such things. There is a time of transition because what we do is very big.

“There are always times of … it takes a little time. It takes a little. But I think it should be great for us.”

In a press release on Monday, Ontario Premier Doug Ford said: “The tariffs of President Trump are a disaster for the US economy. They make life for American families and companies more expensive. Until the risk of tariffs has disappeared forever, Ontario will not return.

What happens next

Trump’s assets and the TMTG share price fluctuated significantly last year and often seemed more on his political assets than any specific business decisions. If this model Trump’s future assets are probably strongly influenced by his actions as president and the broader effects on the US economy.