A state appeals court significantly reduced the bond Trump had to post in a New York fraud lawsuit from over $500 million to $175 million.. Concurrently, Trump Media & Technology Group concluded a merger lasting 29 months, leading to Trump owning shares now valued in the billions. Consequently, Trump’s net worth surged by over $4 billion, propelling him into Bloomberg Billionaires Index’s top 500 for the first time.
Source: Times of India/TOI