“Trump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest People”
March 27, 2024
“…his social media company Trump Media & Technology Group wrapped up a 29-month-long merger process, meaning shares worth billions of dollars on paper are now officially Trump’s.
All told, his net worth increased by more than $4 billion. That means for the first time ever, Trump joined the ranks of the world’s wealthiest 500 people on the Bloomberg Billionaires Index, with a fortune of $6.5 billion…”
https://finance.yahoo.com/news/trump-net-worth-hits-6-190742235.html
“On paper?” What do you mean on paper? All billionaires worth are on paper. They are debt leveraged and or in stocks. In reality they are negative wealth because of how much they owe or their actual worth is much less because it’s not an ideal situation for sell all their stocks at once. Their worth would plummet if they did such a thing.