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Andy Litinsky, who helped start the former president’s social media company, revealed Mr. Trump’s last-minute doubts about an agreement that made them all very wealthy.

Former President Donald Trump has secured an additional $1.8 billion worth of shares in Trump Media, according to a regulatory filing this week. Based on the company's stock hitting certain price benchmarks, Trump was awarded an additional 36 million shares in the company that owns his social media platform Truth Social. Trump is prohibited from selling any shares for six months after Trump Media went public without securing a waiver from the company’s board.

That brings his total ownership to more than 114 million shares, which based on Wednesday mornings stock price, are worth USD 5.7 billion. Trump Media got its place on the Nasdaq after merging with a company called Digital World Acquisition Corp., a special purpose acquisition company, or SPAC. These type of mergers offer young companies quicker and easier routes to getting their shares trading publicly.

Mr Trump was awarded the shares based on the company’s stock hitting certain price benchmarks.

Powell likely to signal that lower inflation is needed before Fed would cut rates

Donald Trump, on paper at least, has added another $1.8 billion to his fortune. Trump Media & Technology Group, the parent company of Truth Social, has given…

That brings his total ownership to more than 114 million shares, which based on Wednesday morning’s stock price, are worth $5.7 billion.

Former President Donald Trump could be jailed in Rikers for violations of his gag order in his ongoing hush money case.

The Fed kept interest rates unchanged while noting "inflation is still too high."