Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in the New York City borough of Queens, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan.
The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He owned the Miss Universe and Miss USA beauty pageants from 1996 to 2015, and produced and hosted The Apprentice, a reality television show, from 2003 to 2015. Forbes estimates his net worth to be $3.1 billion.
Donald Trump’s Media Company Reports 2023 Revenue Of $4M And $58M In Losses; Stock Drops 25%
deadline.comTrump Media & Technology Group, the newly formed company whose assets include nascent social media platform Truth Social, has reported 2023 revenue of $4.1 million and a net loss of $58.2 million.
The full-year figures were disclosed in new SEC filings Monday. Investors pounced on the numbers, sending shares in the newly formed company down more than 25% in mid-day trading.
The stock’s movement is being watched closely because the company’s majority shareholder is Donald Trump, the former president who is poised to become this year’s Republican presidential nominee.
Last week’s public stock debut of Trump’s company, which was created via a SPAC merger, gave Trump a paper windfall of more than $5 billion at a critical juncture.
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