No one watches or uses it much so it's valuation has gone from 730 million dollars in 2022 to 100 million dollars in 2023. Since he owns 90% of truth social it has been a disaster level investment.
However, if he had just invested in the S&P 500 he would have gained 10,000% interest on his investments if he had just invested in 1982 when he started out with the millions his father gave him to start businesses. But, instead he invested into Truth Social and lost 600 Million dollars. As a result of this he was booted from the list of the 400 richest Americans this year.
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