Donald Trump lost more than $ 1 billion amid the fall of the cryptocurrency market

Donald Trump’s wealth has decreased by $ 1.1 billion after the fall in the value of shares in his Trump Media & Technology Group and the general decline in the cryptocurrency market. According to Forbes, his net worth is currently estimated at $ 6.2 billion, while in September it was $ 7.3 billion.

Over the past year, Trump’s fortune grew by about $ 3 billion, which allowed him to rise to 201st place on the Forbes 400 list, 118 positions higher than in 2024. The main source of growth was the Trump family’s crypto assets, including participation in the World Liberty Financial project, which previously received $ 75 million in investment from crypto entrepreneur Justin Sun.

However, in recent weeks, the value of Trump Media shares has fallen by almost 35%, ending trading on Friday at $ 10.31. The company’s third quarter report showed a 3.8% drop in revenues to $ 972,900 and an increase in net loss to $ 54.8 million compared to $ 19.2 million a year earlier. The main reason for this was an increase in legal costs and a decline in user activity on the Truth Social platform, which is the company’s main product.

Trump Media also suffered significant losses due to the crypto market slump. The company holds 11,542 bitcoins, which were valued at $ 1.37 billion at the end of September, but after the cryptocurrency price fell by 28% below $ 90,000, their current value is just over $ 1 billion. In addition, the company’s portfolio included about $ 146 million in Cronos tokens, which have almost halved in value since September.

In general, the combination of falling stocks, losses in crypto assets, and rising legal costs has had a significant impact on Trump’s personal capital. Analysts note that the further dynamics of his wealth will depend on the recovery of the cryptocurrency market and the ability of Trump Media to stabilize its financial performance.