DASHY

If Trump's net worth doubled since his media company's merger, and his media company has NO VALUE except on the say so of Dimwit Donny, then double nothing is still nothing. That is really nothing to brag about.

Ready player 1

I don't know when it all started. I'm thinking when Soros showed up here in the USA, that's when it started. However, your right about the rest.

America 1 Loc: South Miami

Forbes proves you to be the "dimwit".

DASHY

But only on the say-so of Poor Pitiful Donnie.

America 1 Loc: South Miami

It is not Trump's claim, poor pitiful you.
It is Forbe's claim.

DASHY

Did you notice that Trump's net worth sank by $1 BILLION as the truth about Trump's Truth Social platform dribbles into public view? Truth Social lost $58 MILLION in 2023? Trump loses again...and lies about it.https://fortune.com/2024/04/01/trump-truth-social-spac-ipo-gains-wiped-out-lost-58-million-2023/

eagleye13 Loc: Fl

You are sooo dim, DASHY.
Your closet needs a light bulb in it. Try 100 watts for starters.

America 1 Loc: South Miami

So will this solve Donald Trump's financial problems?
After the merger was completed, Mr Trump saw his net worth more than double to over $5bn overnight, according to Forbes.

Mr Trump is barred from selling his roughly 78m shares for about six months, unless the company decides to grant him a waiver.

But he stands to earn a windfall should he decide to cash in - even if the price drops sharply, as many analysts predict.

Shares in Digital World, now Trump Media, have swung wildly since 2021 and are expected to continue to do so.

They popped to more than $70 apiece when Trump Media formally debuted on 26 March.

They have since fallen and are trading around $50 apiece, which makes Mr Trump's stake worth $4.1bn.

But that is about where they were the day before the launch and three times what Digital World shares were worth at the start of 2024.

Even if they were to fall to $1 apiece in six months, Mr Trump could still raise more than $78m by selling.
https://www.bbc.com/news/business-68716628

DJT is trading at $46.18.
How do you stay in business?

DASHY

It is unlikely Criminal Trump will be able to raise the money he needs to pay his legal bills and fines from his latest business failure. After reporting a $60 Million loss in 2023, Trump Media is heading in the direction of Trump's other mismanaged companies by using his favorite business tactic -- Bankruptcy Court. Poor Pitiful Donnie is in the process of using another favorite business practice -- cheating his partners. "The two men - Wes Moss and Andy Litinsky - filed a suit against Mr Trump claiming he was trying to cheat them out of their shares. He sued them back, arguing that their mismanagement of the social media site should cost them their stakes in the company."

Mikeyavelli

Yawn.

EmilyD

DASHY - ALL FOUR of Trump's "bankruptcies" were actually Chapter 11 Reorganizations. None of the four companies went out of business. And employees were happier because their benefits increased! Creditors were happy, too, because they didn't lose money either - they were paid over a period of time that was agreed upon during the reorganization process.

The Trump Organization has 500+ companies in it. Out of those 500+ companies, Trump filed for Chapter 11 Reorganization for four of them that were not doing well. People think that "bankruptcies" close a business down, but not all of them do. With Chapter 11, no one lost their jobs unless the reorganization pointed out they were not doing their job well or their position was not needed by the company. A Chapter 11 reorganization cleans out the deadwood in a company and puts it back on track for success.

Your assumptions that Trump is "broke" and has no money sounds like jealousy. And they are ridiculous! You can't stand the idea of Trump using the LEGAL laws of our country to do business. And he is definitely not the only business owner to use the laws of our country to help out a business that is not operating efficiently. Nothing he did was illegal. Trump actually saved jobs by doing what he did. Do you realize that he cared enough about the people to actually file Chapter 11 instead of Chapter 7 (Liquidation), or Chapter 13 (adjustment of debt - used mostly for individuals) which would have been easier? A reorganization takes time and interrupts business while they restructure its operations.

https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-11-bankruptcy-basics

Snip:

"(Chapter 11) of the Bankruptcy Code generally provides for reorganization, usually involving a corporation or partnership. A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. People in business or individuals can also seek relief in chapter 11.

Background: A case filed under Chapter 11 of the United States Bankruptcy Code is frequently referred to as a "reorganization" bankruptcy. Usually, the debtor remains “in possession,” has the powers and duties of a trustee, may continue to operate its business, and may, with court approval, borrow new money. A plan of reorganization is proposed, creditors whose rights are affected may vote on the plan, and the plan may be confirmed by the court if it gets the required votes and satisfies certain legal requirements."

.....

DASHY

Poor Pitiful Donnie is not only broken, he is devoid of all human decency. The lessons of Trump's bankruptcies explain much of Trump's current campaign tumult. Trump really has nothing to offer new voters but empty promises and a relentless bullying and blaming of his critics, immigrants, liberals, civil rights activists and the Democratic party in general, headed by the winning sitting President, Joe Biden. https://finance.yahoo.com/news/were-watching-trumps-7th-bankruptcy-unfold-171903858.html

EmilyD

https://abi.org/feed-item/examining-donald-trump%E2%80%99s-chapter-11-bankruptcies

Being a TDS Cultist is making you blind. Trump is far from broke. And although it drives you nuts and you all start foaming at the mouth like you do, TRUMP IS....

albertk

Mikeyavelli

Sitting president is right. It's all he does, in a fancy Chinese chair.