Donald Trump’s Net Worth Surges by $600 Million in Less Than a Month: What’s Driving the Jump?
Namrata Sen
Sat, August 1, 2026 at 6:00 PM GMT+5:30
5 min read
- DJT
-5.01%
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below
Trump Media & Technology Group Corp stock surged nearly 49% from its lowest level in June, boosting the net worth of President Donald Trump
According to Forbes, Trump’s net worth jumped by $600 million since DJT shares hit a 52-week low of $6.96 on June 26
The gain is primarily attributable to his majority ownership stake in Trump Media & Technology Group, which is currently held through his Donald J. Trump Revocable Trust. The President’s eldest son, Donald Trump Jr.serves as trustee of the shares and controls their voting and investment decisions
<a href="https://www.benzinga.com/money/discover/these-5-startup-hires-matter-more-than-you-think-and-most-founders-get-them-wrong-y2?nid=60859904&utm_campaign=partner_feed&utm_medium=referral&utm_source=yahooFinance” rel=”nofollow noopener” target=”_blank”>A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
Still Learning the Market?These 50 Must-Know Terms Can Help You Catch Up Fast
Since its 2024 public listing, Trump’s stake in TMTG has fallen from about 57% to 52% due to dilution and corporate actions, but he remains the company’s largest shareholder
Based on approximately 276.9 million shares of DJT outstanding, Trump’s stake represents about 144 million shares. At DJT’s current closing price of $10.38, the holding is worth roughly $1.49 billion, compared to $1 billion as of June 26 at $6.96, adding nearly $492.5 million in his shareholder value
Forbes now estimates his wealth at $6.5 billion
Truth API Opens New Revenue Stream
The recovery followed the July 17 launch of Truth API, a real-time data service giving financial and trading firms access to posts from major Truth Social accounts
The service, a B2B feed, gives institutional investors real-time access to Trump’s posts, creating a new data-licensing business for Trump Media while raising concerns over potential advantages from early access to market-moving information
Trending:Avoid the #1 Investing Mistake: How Your ‘Safe’ Holdings Could Be Costing You Big Time
TMTG Interim CEO Kevin McGurnsaid Truth API will provide financial firms with real-time access to market-moving Truth Social posts, creating a new recurring revenue stream and adding shareholder value. TMTG said Truth API will provide posts within milliseconds and is built for high-frequency and algorithmic trading firms seeking real-time social media data
Set to be launched for institutional investors on August 1, the service could cost between $60,000 and $100,000 a month
Critics Slam Truth API Launch
Anthony Scaramucci criticized Truth API, alleging it gives hedge funds a trading advantage by providing faster access to Trump-related Truth Social posts, potentially disadvantaging retail investors
