Former President Trump nets extra $1.8 billion of stock in his media company

Former President Donald Trump has acquired an additional $1.8 billion in stock from his company, Trump Media & Technology Group (TMTG), boosting his ownership to nearly 65%. This increase came as a result of an "earnout" bonus for the stock maintaining a price above $17.50 over a set period. Despite recent financial losses at TMTG, Trump's total net worth is now estimated at around $8.33 billion. The company also plans to launch a new live-streaming platform to expand its media presence.