Trump’s net worth is $6.4 billion, making him one of the 500 richest people in the world

(Bloomberg) — Donald Trump’s business empire could be in danger like never before on Monday. Instead, it became the biggest day ever for the former president’s wealth.

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Faced with a deadline to post bail of more than $500 million in a New York fraud case, an appeals court gave him a lifeline, reducing the amount he had to post to $175 million – an amount he says it will cover. Around the same time, his social media company Trump Media & Technology Group completed a 29-month merger process, meaning shares worth billions of dollars on paper now officially belong to Trump.

All told, his net worth will increase by more than $4 billion. That means for the first time ever, Trump will join the world’s 500 richest people on the Bloomberg Billionaires Index, with a fortune of $6.4 billion.

A representative for Trump did not respond to a request for comment.

Trump, 77, has been wealthy all his life. But his fortune, which previously peaked at $3.1 billion, consisted largely of real estate, creating a potential financial crisis ahead of Monday’s deadline to either pay his $454 million judgment or post 120% bail of the verdict. New York Attorney General Letitia James indicated she was prepared to seize assets if Trump did not comply.

Read more: Trump Bond Cut 68% to $175 Million as He Appeals New York Fine

Trump promised to quickly post cash or a deposit to cover the reduced amount. As things stand now, he may get his windfall from Trump Media’s merger with Digital World Acquisition Corp. not cash in because his shares are tied up for about six months.

DWAC shares were trading at $49.65…

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