Trump’s Net Worth Drops By $1.1 Billion As Crypto and Media Stock Slide

President Donald Trump net worth has fallen to $6.2 billion, down from a record $7.3 billion in September, as sharp declines in both cryptocurrency markets and his media company’s stock weigh heavily on his portfolio.

The biggest hit comes from Trump Media & Technology Group (TMTG), the parent company of Truth Social. The company’s stock, which trades under the ticker DJT, tumbled to $10.18 on Friday, near its lowest level since going public. DJT once traded at $43.31 in January.

Trump’s fortune had surged over the past year, rising by $3 billion, largely due to booming crypto investments tied to his family-backed decentralized finance venture, World Liberty Financial. That jump propelled him to No. 201 on the Forbes 400, climbing 118 spots from the previous year.

A Closer Look: World Liberty Financial

Launched in September 2024, World Liberty Financial was unveiled with Trump and his three sons listed as co-founders. The platform created 100 billion $WLFI tokens, allocating 22.5 billion tokens to DT Marks DEFI LLC, a company the president owns roughly 70% of.

The token debuted at $0.31 but has since fallen to $0.158. Under the company’s policy, founders’ tokens are locked and cannot currently be cashed out, limiting Trump’s ability to tap into the asset even as its value declines.

Business Losses Pile Up

Further pressure comes from Trump Media’s recent SEC filings. The company reported a $54.8 million loss on just $973,000 in revenue for Q3. Its bitcoin holdings dropped by $48 million, partly offset by gains in the Cronos cryptocurrency.

Trump’s Business Ties Remain Complicated

Trump has long claimed he removed himself from his personal business dealings after entering the White House. But documents show his ties remain intact. His stake in Trump Media, valued at around $4 billion, was transferred to a revocable trust controlled by Donald Trump Jr., with Trump as the sole beneficiary.

In April, a regulatory filing in the U.K. confirmed that Trump maintains control over his business empire while in office. He still owns nearly 115 million DJT shares through the trust.