BusinessNewsTechnology

Donald Trump to make $3.4bn if shareholders back plan to float Trump Media

Ex-US president planning to list Trump Media & Technology Group if merger with special purpose acquisition company goes ahead

Donald Trump’s wealth is set to increase by about $3.4bn (£2.7bn) if a shareholder vote on Friday paves the way for the float of his Trump Media business.

The former US president is preparing to list Trump Media & Technology Group, which operates the Truth Social tech platform, via a merger with a special purpose acquisition company, or Spac.

Continue reading…