Trump's fortune takes a hit: $1.1 billion loss amidst bitcoin and crypto market turmoil

Washington (The Uttam Hindu): Bad news has emerged for US President Donald Trump on the economic front. Trump, considered one of the world's most powerful leaders, has suffered a significant loss in his wealth. According to the latest Forbes report, Trump's net worth has declined by a whopping $1.1 billion. The biggest reason behind this financial setback is said to be the chaos in the cryptocurrency market, and in particular, the crash of Bitcoin, which has directly affected market sentiment and the valuation of his company.

According to Forbes data, Donald Trump's net worth has now dropped to $6.2 billion, down from a peak of $7.3 billion in September of this year. The report states that this decline was primarily due to a massive sell-off in the shares of his media and technology company, TMTG. The company trades under the ticker DJT on the stock market, and its declining stock price has been a major factor in Trump's net worth decline.

According to market experts, Trump's company's stock failed to recover last Friday amid the sharp decline in Bitcoin and other major cryptocurrencies, plummeting to $10.18. This is the stock's lowest level ever. Trump Media and Technology Group's stock has been under constant pressure for some time. Data shows it has fallen 35 percent in the past month, while the stock has fallen 55 percent in the past six months, significantly eroding Trump's wealth.

This decline is surprising because Donald Trump's net worth had been growing exponentially until September 2025. His wealth had increased by $3 billion over the previous year, placing him at number 201 on Forbes' list of America's 400 richest people. His financial position appeared strong at the time, but the recent turmoil in the crypto market and the company's stock price crash have changed the landscape, resulting in a massive loss of $1.1 billion.