Trump Media's Investors Lost $2.2 Billion While Trump Holds $460 Million Stake
5 Articles
5 Articles
Trump Media's investors lost $2.2 billion while Trump holds $460 million stake
Ske Jarzenske and other Trump Media investors are facing severe losses as the company's stock value has plummeted. Many investors had high hopes for the social media platform, believing in its potential profitability under Trump's leadership. Instead, Trump Media's shares have lost significant value, and discontent among shareholders has grown. The company's revenue remains stagnant, leading investors to question management practices and investo…
Trump loyalists count billions in losses as Trump Media stock collapses
NEW YORK/LONDON: By the time Ske Jarzenske cast a third straight ballot for Donald Trump, he had something extra riding on the outcome: his brokerage account.The 52-year-old resident of Austin, Texas, had poured 20% of his net worth into Trump Media & Technology Group, convinced that a second Trump presidency would make him money.Now, Jarzenske’s investment is down 88.5%, according to a Charles Schwab statement he showed Reuters on the condition…
Reuters estimated that Trump Media’s external investors accumulated losses for $2.2 billion, while Donald Trump’s share of the company was worth nearly $460 million at the end of Thursday quoted in the report. The company maintains annual revenues close to $4 million and its streaming service generated $630,000 by the end of June 2026, according to regulatory records.
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