Fact Check: Donald Trump holds more than 100,000 shares of Trump Media and Technology Group, which went public in 2024, and he is the largest shareholder with nearly 53% ownership.

Fact Check: "Donald Trump holds more than 100,000 shares of Trump Media and Technology Group, which went public in 2024, and he is the largest shareholder with nearly 53% ownership."

What We Know

Donald Trump is reported to be the largest shareholder of Trump Media and Technology Group (TMTG), owning approximately 53% of the company. According to a regulatory filing, he transferred 114.75 million shares, which constitutes this 53% stake, to a revocable trust controlled by his eldest son in December 2024 (Reuters). The total number of shares outstanding for TMTG was reported to be around 136.7 million as of March 29, 2024 (SEC). This indicates that Trump's ownership percentage is indeed significant, aligning with the claim that he is the largest shareholder.

Analysis

The claim that Trump holds more than 100,000 shares is accurate, as he owns approximately 114.75 million shares, which far exceeds that number. The assertion that he is the largest shareholder with nearly 53% ownership is also supported by multiple sources. For instance, a New York Times article confirms that Trump's stake is valued at about $4 billion, further substantiating his position as the largest shareholder.

However, it is important to note that the financial health of TMTG has been questioned, with reports indicating that the company is currently losing money (New York Times). This raises questions about the long-term viability of the investment, although it does not directly affect the accuracy of the claim regarding share ownership.

The sources used in this analysis are credible, including official filings with the Securities and Exchange Commission (SEC) and reputable news outlets such as Reuters and the New York Times. These sources provide a reliable basis for understanding Trump's ownership stake in TMTG.

Conclusion

Needs Research. While the claim regarding Trump's ownership of more than 100,000 shares and his status as the largest shareholder with nearly 53% ownership is accurate, further investigation is warranted into the implications of this ownership, particularly regarding the financial stability of Trump Media and Technology Group. The current financial performance of the company may affect the value of Trump's holdings and the overall context of his investment.

Sources

1. Trump Media & Technology Group Corp.
2. prospectus
3. Trump Puts $4 Billion in Shares of His Media Company in a Trust
4. Trump transfers his stake in Trump Media to revocable trust
5. Trump awarded 36 million more Trump Media shares worth $1.6 billion
6. Major Trump Media shareholder sells nearly entire stake
7. Trump Media & Technology Group
8. Trump's crypto and Truth Social media believers bet on ...