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The New Daily

Donald Trump’s ballyhooed move into social media with Truth Social earns him a paltry $201

Donald Trump claims his superhero cyber trading cards are lucrative earners. Photo: Getty

Donald Trump said his Truth Social platform would challenge the social media titans, but now the results are in and things haven’t gone quite how the ex-president and alleged campaign finance scofflaw planned.

According to his personal financial disclosure filed with election the Federal Election Commission he owns about 90 per cent of his social media company, Trump Media & Technology Group, but said he made less than $US201 ($A300) from it.

Nevertheless, he has estimated the total worth of the operation   at between $US5 million ($A7.5 million) and $US25 million ($A37 million), according to his personal financial disclosure form filed on Friday..

He also reported he made between $US100,000 ($A149,120) and $US1 million ($A1.5 million) for a series of digital trading cards he released in December that portrayed a photoshopped Trump in a series of cartoon-like images, including as an astronaut, a cowboy and a superhero.

The report is the first glimpse into Trump’s finances since he left the White House and launched several new business ventures.

The real estate mogul and reality TV star launched the platform Truth Social in 2022, a year after he was banned from Twitter, Facebook and YouTube following the January 6, 2021, insurrection at the US Capitol.

Although Trump has since been allowed back on those social media networks, he has relied on Truth Social as a primary method of sharing messages with his supporters, especially as he has launched his 2024 presidential campaign.

The report provides limited information since it only reports income in broad ranges.

CIC Digital LLC, the company that owned the digital trading card NFTs, or non-fungible tokens, was valued at somewhere between $US500,000 ($A745,601) and $US1 million ($A1.5 million), according to the report.

Trump also reported he made more than $US5 million ($A7.5 million) in speaking fees.

All federal candidates are required to file the disclosures after announcing their candidacies.

Trump, a Republican, had been granted an extension and risked a fine if he delayed further.

-AAP

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