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After soaring to $57.99 per share at launch, it’s worth just $19.60 per share, valuing the company at just over $3.8 billion. ... Devin Nunes, a former Republican congressman and Trump Media’s ...
The company behind the Truth Social platform is worth more than $3 billion on Wall Street, and Trump owns more than half of it. ... Its CEO is Devin Nunes, the former Republican U.S ...
Devin Gerald Nunes GOIH (/ ˈ n uː n ɛ s /; [1] born October 1, 1973) is an American businessman and politician who is chief executive officer of the Trump Media & Technology Group (TMTG).
Truth Social is run by Trump Media & Technology Group, and headed by former California GOP Congressman Devin Nunes. In 2022, Talking Points Memo stated Nunes' remuneration was $750,000 per year. [61] Other senior employees included chief of technology Josh Adams and chief of product development Billy Boozer, who both subsequently left the ...
With a market cap of $7.6 billion, Trump’s $4 billion stake accounts for about two-thirds of the incoming president’s $6.4 billion personal net worth, according to Forbes.
The company's board includes Trump's son Donald Trump Jr., Nunes, and former Trump administration officials Robert Lighthizer, Kash Patel, Linda McMahon, and Scott Glabe. Devin Nunes resigned from the U.S. House of Representatives in December 2021 and became the TMTG's chief executive officer in January 2022. [21] [22]
Donald Trump's stake is still worth nearly $2 billion, but fears he might follow its CEO Devin Nunes and sell stock is weighing on sentiment.
The finance boss of Donald Trump’s media company earned 4 times as much as CEO Devin Nunes, new documents show. Amanda Gerut. April 15, 2024 at 5:28 PM. Jabin Botsford—Getty Images.