Financial Disclosure Shows Trump’s Truth Social Is A Flop

Donald Trump declared more income from the Saudis than he did from his social media company Truth Social, which netted him little to no income.

CNN reported:

Trump Media & Technology Group Corp., an umbrella company connected to his social media venture, Truth Social, is valued between $5,000,001 and $25 million. But Trump, who owns 90% of Trump Media & Technology Group Corp., reported little to no income from that asset.

The filing underscores the global reach of Trump’s business interests as he campaigns for president yet again. He reported, for instance, more than $5 million in royalties from what is described as “DT Marks Oman LLC.”

The New York Times reported in November that the Trump Organization had struck a deal with a Saudi real estate company to build a Trump hotel, villa and golf course in Oman as part of a $4 billion project.

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