Donald Trump in line for a US$3.5b windfall

Donald Trump's supporters use their cellphones to photograph him at a campaign rally. (Image: AP)

Fri, 22 Mar 2024

By Amrith RamkumarDonald Trump’s supporters are pushing to hand him a nearly US$3.5 billion (NZ$5.7b) windfall by driving up the value of his also-ran social-media platform, which is on the cusp of getting approval to list on the stock market.Trump’s winning lottery ticket would come from Truth Social, the social media platform he launched in 2021. After a twisted path that included tens of millions of dollars in losses and insider-trading convictions, the shell company taking Truth Social public became the market’s latest mem...

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