- Former President Donald Trump bet it all on Truth Social to carry his social media presence, but a new report says the venture has thus far failed to pay off, and it has taken out a massive chunk of his net worth.
- Forbes published an article on Tuesday with their assessment that Trump’s fortune sank by about $700 million in recent months, bringing his net worth down from $3.2 billion to $2.5.
- According to Forbes, the primary reason is that Truth Social hasn’t been the profitable Twitter alternative that Trump hoped it would be, even as he continues to promote the platform.