Former President Donald Trump's net worth fell by over $1 billion this week following a stock crash at Trump Media & Technology Group. Shares fell 22% on Wednesday and another 14% on Thursday, causing multiple trading halts due to volatility. The company has seen speculative trading tied to Trump’s political standing, with Trump holding a majority stake. The crash follows a brief surge that raised the stock by almost 50%, aligning with polls showing Trump gaining on Harris in battleground states. Trading suspensions included a halt on Tuesday during a sharp rise and two on Thursday amid selloffs. Shares dropped to about $35, erasing nearly $3 billion from the company’s value.
