In a strategic move that has led to significant financial gains, former President Donald Trump has managed to increase his wealth by not selling his shares in Truth Social, the social media platform launched by Trump Media & Technology Group. Despite the expiration of his lock-up period, Trump chose to hold onto his shares, a decision that has proven fruitful as the company’s stock value continues to rise.
According to a recent article by Forbes, Trump’s decision to retain his shares has resulted in substantial monetary benefits, showcasing what can be termed as the “art of no deal.” The article delves into the fluctuations in revenue from Truth Social, highlighting the company’s growth trajectory and the potential for further success in the future.
With the most recent share price of Truth Social stock on the rise, Trump’s stake in the company has become even more valuable. As the largest individual shareholder in Trump Media & Technology Group, Trump’s decision to hold onto his shares has paid off handsomely, solidifying his position as a savvy investor and business leader.
The value of Truth Social as a company continues to increase, thanks in part to Trump’s strategic decision-making and long-term vision for the platform. By not selling his shares when given the opportunity, Trump has positioned himself for even greater financial success in the future.
As Forbes covers the intersection of entrepreneurship, wealth, technology, business, and lifestyle, Trump’s financial triumph serves as a compelling example of shrewd business acumen and the potential for significant gains through strategic investment decisions. Trump’s success with Truth Social serves as a testament to the power of holding steadfast to one’s investments and reaping the rewards of patience and foresight in the world of finance and technology.
Watch the video by Forbes
Video “How Trump Made Billions By Not Selling His Truth Social Stock” was uploaded on 10/22/2024 to Dailymotion Channel Forbes