Trump Media’s investors lost $2.2 billion while president holds $460 million stake
NBC News · Reuters ·
Shareholder and Trump Media’s outside investors have collectively absorbed more than $2.2 billion in losses.
By the time Ske Jarzenske cast a third straight ballot for Donald Trump, he had something extra riding on the outcome: his brokerage account.
The 52-year-old resident of Austin, Texas, had poured 20% of his net worth into Trump Media & Technology Group, convinced that a second Trump presidency would make him money.
Now, Jarzenske’s investment is down 88.5%, according to a Charles Schwab statement he showed Reuters on the condition that the dollar amount not be published.
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