Trump’s wealth dented after Democrats trounce Republicans in midterms
Summary
President Donald Trump’s media-company shares and crypto-linked assets fell after Democrats defeated Republicans in the midterm elections, according to the article. The declines affected assets tied to Trump and his family, though the article says Trump remains substantially wealthier than when he won the White House in 2024.Key Facts
- Trump Media and Technology Group shares fell 11% overnight to about $5, their lowest reported price, compared with a peak of $101.
- Trump has reported owning 114 million shares of Trump Media and holds more than 40% of the company’s stock through a trust.
- Forbes estimated in September that Trump’s wealth had increased by $2.7 billion since his 2024 election victory.
- World Liberty Financial’s WLFI governance token traded below 5 cents after the election, down from a reported 2025 peak of 31 cents.
- Trump’s financial disclosures say he made more than $500 million selling crypto assets in 2025 and still owns 15 billion WLFI tokens.
- The article says Trump$ novelty coins traded at about $1.40 after losing around 10% overnight; they had briefly reached $45 in January 2025.
- World Liberty Financial was created by the Trump family and the family of Steven Witkoff, whom Trump appointed as a diplomatic negotiator.
- World Liberty Financial also issues a dollar-pegged stablecoin, and the article says the Trump administration recently granted the company a banking license.
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