Forbes Valuation
We estimate Trump’s net worth at $5.9 billion as of Thursday afternoon, a $700 million drop from his net worth at the start of the year.
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Big Number
$405.9 million. That is how much in net losses Trump Media reported for the first three months of 2026.
Key Background
Trump Media went public in 2024, debuting at $70.90 on the Nasdaq. The company’s shares had a volatile first year on the stock market, falling to around $13 six months after they became available to the public and surging back to around $40 per share for Trump’s inauguration. Trump Media posted $712 million in net losses for the full year 2025—a drop largely fueled by unrealized losses and investments on cryptocurrency, digital assets and equity securities ($368.7 million). The company’s revenue driver boils down to advertising sales on Truth Social, which contributed to just $3.7 million in annual revenue for 2025. Trump Media’s market cap remains just shy of the $2 billion mark as of Thursday.
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Further Reading
Trump’s Truth Social Stake Drops $40 Million—Still Beats Market Post-Tariff (Forbes)
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