Sharp Decline in Trump’s Net Worth
Former U.S. President Donald Trump has lost $1.1 billion (around 280 billion Pakistani rupees) from his net worth over the past two months. Forbes attributes the drop mainly to the plummeting value of his technology and social media company, Trump Media and Technology Group (TMTG).
In September 2025, Trump’s wealth stood at $3.7 billion. By November, it had fallen to $2.6 billion. Analysts point out that TMTG’s share price fell to $10.18, while the ongoing slump in the cryptocurrency market also weakened Trump’s financial position.
TMTG Shares and Market Volatility
TMTG, launched in 2021, has experienced significant market fluctuations. Investors have grown cautious about the company’s profitability, especially amid increasing competition in social media and regulatory scrutiny.
The Trump family also holds cryptocurrency investments. Recent declines in the crypto market have cut into these assets, further contributing to the overall loss. Crypto markets worldwide have shown high volatility, and the Trump family’s portfolio reflects that instability.
Wealth Growth Over the Past Year
This decline follows a period of notable growth in Trump’s fortune. Between September 2024 and September 2025, his net worth increased by $3 billion. This gain placed him at 201st on Forbes’ list of the 400 richest Americans.
Most of this growth came from the Trump family’s cryptocurrency investments. Rising crypto prices during that period significantly boosted their wealth. In addition, TMTG shares had previously shown strong performance, which contributed to the surge.
Implications for Billionaire Rankings
With this $1.1 billion loss, Trump may slip further on Forbes’ list of the wealthiest Americans. Despite the decline, he remains one of the few former U.S. presidents who continue to hold a multibillion-dollar fortune.
Financial analysts emphasize that wealth tied to volatile sectors, like technology and cryptocurrency, can change rapidly. Trump’s portfolio exemplifies the risks tied to high-volatility assets. Even established billionaires can see their net worth shift dramatically over short periods.
Economic and Market Context
Trump’s wealth fluctuations also mirror broader economic trends affecting technology and media companies. Investors have become more cautious about tech firms, especially those associated with controversial or politically charged content.
The global cryptocurrency market is correcting after years of rapid expansion. This correction has affected many high-profile investors, including Trump. The combination of technology stock declines and crypto volatility explains why Trump’s net worth fell so sharply in a short period.
Experts advise that investors with holdings in tech or digital assets should expect rapid swings. Trump’s experience highlights the financial risks involved in these sectors, even for high-profile, well-capitalized individuals.