Donald Trump not only has a criminal indictment to worry about, but his net worth has plunged due to his Truth Social app failing, RadarOnline.com has learned.
A new Forbes report states the ex-Prez’s fortune dropped from $3.2 billion to $2.5 billion.
The outlet said that despite Trump’s efforts to promote Truth Social — and his exclusively using the platform for his social media — it has failed to attract users.
[Is it ‘failing’? I’m not sure one can use that word in the context of a social-media platform that still is in operation. It may not be accumulating users at the pace it needs, but it’s still up, and the indictment of Trump might drive more users from Twitter to see what Trump posts about the twists and turns of the case and his campaign. We might be better positioned to judge the success of the platform after the next 18 months of campaigning. And let’s not forget that Twitter has only occasionally been profitable in its history, although it is getting closer to black ink now, according to Elon Musk. — Ed]
Join the conversation as a VIP Member