Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs!

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

Trump's Fortune Skyrockets With $4B Stake In Trump Media & Technology Group

Bibhu Pattnaik
October 27, 2024

Donald Trump‘s net worth has seen a significant increase, largely attributed to his $4 billion stake in the Trump Media & Technology Group (NASDAQ:DJT). Next week’s election could have a substantial impact on his financial status and legal circumstances.

What Happened: A report by The Wall Street Journal indicated that while Trump’s businesses continue to be unstable, his financial standing has seen a marked improvement.

The primary factor behind this shift is his stake in Trump Media & Technology Group, the parent company of the unprofitable social media platform Truth Social.

Truth Social’s value has been propelled by traders who are banking on Trump’s return to the White House, reports the outlet.

However, this value could dissipate if he is defeated. Matthew Tuttle, CEO of Tuttle Capital Management, told the WSJ, “If he loses, I think this thing goes to zero.”

Despite the inherent risks, Trump has refrained from using his stake in the company to finance his campaign. His net worth, boosted by the improved performance of the Trump Organization’s golf properties and its robust cash position, is estimated to be between $7.5 billion and $10 billion, inclusive of debt. This is over twice his net worth in 2020 and 2016.

Trump’s stock market gains have counterbalanced the losses in his real estate portfolio, which has been hit by one of the most severe U.S. office slumps in recent history.

Also Read: Donald Trump’s Billions On Hold As Insiders Sell Off Truth Social Shares

Despite these hurdles, the Trump Organization has managed to maintain a solid cash position, partially owing to the sale of assets such as the Trump International Hotel in Washington and Trump Ferry Point Golf Links in New York City.

However, the company might encounter financial difficulties due to Trump’s ongoing legal troubles, which include criminal charges and civil fraud cases.

Regardless of the election results, the Trump Organization is expected to endure, with Eric Trump continuing to oversee the daily operations.

Why It Matters: Trump's financial situation appears more stable now than in recent years, but this year's election outcome could heavily impact his wealth and legal matters.

The upcoming election could significantly affect Trump's financial landscape: a win might sustain or boost the platform’s value, while a loss could sharply devalue his holdings.

Thus, his political outcome is deeply tied to his wealth and business prospects.

Read Next

Donald Trump’s Surprising Cash Declaration Shakes Up New York Fraud Case: ‘I Currently Have Almost $500M In Cash’

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Continue Reading...

Popular

What's Going On With ADMA Stock Monday?

ADM shares are trading higher Monday after the company announced the FDA's approval of its yield enhancement process.

Peter Schiff Calls Out 'TRUMP' Coin Gala Invite: 'Hunter Biden Is Already Being Outdone'

Economist Peter Schiff took potshots at the private gala dinner invitation to top holders of Official Trump (CRYPTO: TRUMP) meme coin, equating it to corruption charges against Joe Biden’s son, Hunter Biden.

Billionaires Selling: Could This Signal a New Crisis? - Ad

Buffett, Gates, and Bezos are quietly dumping stocks-and moving billions elsewhere. Former White House advisor Jim Rickards says it's tied to Trump's boldest economic move yet. He just revealed where the smart money is going-and how you can follow before it's too late.

Key things to know about the upcoming summer movie season

already has a lot on his shoulders. It seems unfair to add the fate of the to his list. But he's not alone — Marvel Studios is also returning to theaters in a big way with two this summer, “Thunderbolts” and “The Fantastic Four: First Steps.”

What Caused Sam Altman-Founded World Network Token To Soar 57% in a Week?

World Network (WLD) outperformed some of the market’s most valued cryptocurrencies after soaring more than 50% over the week.  What happened: WLD, the native currency of the decentralized identity verification project, jumped 57.48% in the last seven days, becoming the sixth-largest market gain in the period. 

He Called Bitcoin to $100k... Now He Says This Coin Is Next - Ad

Juan Villaverde may be America's top crypto expert. According to Juan's timing model, we are entering what could be the biggest bull market in crypto's history. With America's first crypto president in office, it could be the biggest gains the market has ever seen. And one special coin could skyrocket.

Cheap parcels from China will no longer be duty-free. Here's what it means for buyers and sellers

NEW YORK (AP) — Consumers can expect higher prices and delivery delays when the Trump administration ends a duty-free exemption on low-value imports from China Friday.

Thousands of chickens euthanized in South Africa after they were left starving and eating each other

CAPE TOWN, South Africa (AP) — Animal welfare officers faced the grisly task of euthanizing more than 350,000 chickens by hand after they were left starving and cannibalizing each other when a South African state-owned poultry company ran out of money to feed them, officials said Tuesday.

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

Musk's Ex-Wife Opens Up About Why Life With Elon Was So Difficult

Justine Wilson recently shed light on the complexities of their marriage and the challenges she faced being married to the Tesla CEO.

Uh-oh! There's a New Shortage Brewing: And Trump Is Furious - Ad

A hidden crisis is unfolding-America is running out of a vital resource. Jim Rickards says it could be worse than COVID. But Trump may unlock a $150T asset to solve it. When that happens, a rare window could open for investors.

Nasdaq-100 Leveraged ETF TQQQ Surges 5.5% As Tech Rally, Jobs Data Boost Risk Appetite

Shares of ProShares UltraPro QQQ ETF jumped 5.5% during Friday's session. TQQQ jumped following a stronger-than-expected April jobs report and robust corporate earnings.

Nvidia Is About to Shock the World: July 23rd - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: July 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

Jeff Bezos Wants To Send You To Space After Katy Perry: Here's How Much A Reservation With Blue Origin Costs

Blue Origin is taking reservations for its next trips to space after sending pop star Katy Perry there. Here's how much a reservation costs.

Are Left-Handed CEOs Like Steve Jobs, Bill Gates And Mark Zuckerberg Wired For Innovation? New Research Says They Lead More Creative, Profitable Companies

A recent study suggests that left-handed CEOs, including Steve Jobs, Bill Gates, and Mark Zuckerberg, lead more innovative and profitable companies due to their creative leadership styles and global talent recruitment strategies.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

UPS to cut 20,000 jobs, close some facilities as it reduces amount of Amazon shipments it handles

UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles.

Trump's Crypto Blueprint Unveils This Infrastructure Powerhouse - Ad

One blockchain token sits at the heart of Washington's pro-crypto agenda. Institutions are loading up while it still trades at a discount. Here's how to get in for $3.

Floor & Decor Prepared For Current Tariffs As Sourcing Shift Limits China Exposure: Analyst

Telsey analyst lowers price forecast for Floor & Decor Holdings (FND) to $110, maintains Outperform rating. Q1 EPS misses, lowered FY25 guidance.

Alkane And Mandalay Combine In A $707 Million 'Merger Of Equals'

Alkane Resources and Mandalay Resources have announced an all-share merger valued at AU$1.01 billion, creating a global gold and antimony producer.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

No.1 Opportunity for 2025 [Take Action Now!] - Ad

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

Lower Demand In China Disrupts Philips Q1 Sales, Cuts 2025 Profitability Target On Potential Tariff Impact

Philips topped Q1 profit estimates with €0.25 EPS, cut its 2025 margin outlook due to tariffs, and reported €1.09 billion cash outflow tied to U.S. settlements.

Warren Buffett's Favorite 'Single Best Measure' For Equities Flashes Buying Signal As US Stocks Rebound

Warren Buffett's favored "Buffett Indicator" suggests U.S. equities may be undervalued, signaling a potential buy opportunity as stocks rebound.

A Historic Gold Announcement Is About to Rock Wall Street - Ad

The greatest investor of all time is about to validate what Garrett Goggin has been saying for months: Gold is entering a once-in-a-generation mania. Front-running Buffett has never been more urgent - and four tiny miners could be your ticket to 100X gains.

Tariff turmoil prompts cloudy forecasts from companies for the year ahead

NEW YORK (AP) — Uncertainty continues to hang over the latest round of financial results and forecasts for companies both big and small as they try to navigate a global trade system severely shaken by a shift in U.S. policy.

Super Micro Computer Stock Is Tumbling Wednesday: What's Going On?

Super Micro Computer shares are trading lower Wednesday after the company reported worse-than-expected third-quarter financial results on Tuesday after the market closed.

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

Alexandria Ocasio-Cortez Asks,'How Much Did Majorie Taylor Greene Make When She Bought The Dip?'

"Just how much did Marjorie Taylor Greene make when she bought the dip?" Alexandria Ocasio-Cortez asks in the caption of a YouTube video calling for a ban on Congressional trading.

Trump's Tariff Policies Fuel Recession Fears As Millennials Coach Gen Z On Financial Survival

Millennials who weathered the 2008 financial crisis are now offering advice to Gen Z facing their first potential recession as adults amid growing economic uncertainty.

Did Trump Just Publicly Back Favorite AI Energy Stock?? - Ad

It's wildly profitable - Over $3 billion in operating income. It has a partnership with the hottest AI stock on Wall Street. And Trump has publicly backed it?

Trump Boots Mike Waltz As National Security Adviser, Taps Marco Rubio As Interim Replacement

Trump ousts national security adviser Mike Waltz amid internal tensions and a messaging scandal, naming him UN ambassador and replacing him temporarily with Secretary of State Marco Rubio.

Shiba Inu Burn Rate Skyrockets 2,094%: What Is Going On?

Shiba Inu (CRYPTO: SHIB) has seen a massive spike in burn activity and on-chain growth, fueling speculation of a

Tech millionaire makes stunning May 31 prediction - Ad

He grew up in a trailer in the mountains outside of Los Alamos. Today, he's a multimillionaire thanks to his investments in the tech world. And now, he says that on May 31, two of the most powerful technologies ever are set to converge-creating more millionaires than anything else

Wall Street Eyes 8th Positive Day As S&P 500 Recoups Tariff-Led Losses, Bitcoin Rallies To $97,000: What's Driving Markets Thursday?

Wall Street pushed higher in midday trading, with the S&P 500 on track for its eighth consecutive gain — its longest winning streak since November 2023. The index rose about 1% to 5,560, fully recovering the losses sustained after former President Donald Trump announced trade tariffs on April 2.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service