Trump to receive bonus worth $1.2bn for Trump Media stock performance
24-04-2024 18:26 via theguardian.com

Trump to receive bonus worth $1.2bn for Trump Media stock performance

A price floor means ex-president gets bonus even though Trump Media & Technology Group’s stock value has plummetedFormer president Donald Trump qualified for a bonus worth $1.2bn after shares in his social media company remained above a certain value despite falling sharply.Trump is poised to receive 36m additional shares in Trump Media & Technology Group (TMTG), owner of his Truth Social platform, under an “earn-out” windfall which boosts the paper value of his stake i
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