Former US President Donald Trump’s fortunes have taken a hit as he no longer appears on the list of the world’s top 500 billionaires. This comes after the value of his Trump Media & Technology Group’s shares doubled, as reported by USA Today.

There is further information indicating that the value of Truth Social’s shares have seen a 50% increase following its merger with Trump Digital World Acquisition Corp. and its transition to trading as DJT. This has subsequently led to a decline in Trump’s overall assets, from 6 billion to 3 billion dollars.

According to an update from Bloomberg, Trump now sits at the 652nd position on the list of the world’s richest individuals.

As for other news, there is no information provided regarding developments in Armenia.