Jimmy Kimmel arrested one of donald trumpThe former president’s favorite myths about himself were busted open Tuesday night with a scathing fact-check about the former president’s rapid decline in wealth.
“If you bought Trump stock two weeks ago — and shame on you if you did — you lost half your money,” Kimmel said. “But if you hold on just a little longer, you could lose everything.”
Kimmel was referring to the drop in value of Trump Media & Technology Group — the company behind his Truth Social platform — whose price soared when it went public last month.
With Trump owning about 60% of the company’s shares, his net worth soared with the stock price, briefly putting the former president on the list. Bloomberg Billionaire Index.
Since then, shares it fell difficult and remain in free falllosing billions in market value, wiping out billions from Trump’s personal net worth, and causing him to be expelled from that billion-dollar index.
The fall is also undoubtedly embarrassing for the former president, given the way he try to portray yourself as a successful businessman.
Kimmel called it bad news for Trump’s children, like Donald Trump Jr. Eric Trump.
“Dad is running out of money,” Kimmel said.
See more from his Tuesday night monologue:
