Donald Trump is about to see his fortune grow by $1.2 billion. The former U.S. president is set to receive a so-called earnout bonus of 36 million shares in his newly public company, Trump Media ...
The agreement, which had three benchmarks set over 36 months, allowed the shares to be awarded in 9 million share increments.
The company, which owns the Truth Social app, has seen its share price increase by more than 50% in the past week.
Former President Donald Trump has met the requirement to receive up to 36 million additional shares of Trump Media, worth $1.17 billion at Tuesday's close. The earnout bonus, a potential for a ...