Trump is no longer on the Bloomberg Billionaires Index after Truth Social stock plummets.

Trump is no longer on the Bloomberg Billionaires Index, a daily rating of the world's 500 richest individuals, after Trump Media,  

the parent company of the former president's social media startup Truth Social,  

saw its stock price plummet. Shares fell 12% on Friday and 8% on Monday.  

Trump is no longer on the Bloomberg Billionaires Index, a daily rating of the world's 500 richest individuals,  

the parent company of the former president's social media startup Truth Social, saw its stock price plummet.  

Shares fell 12% on Friday and 8% on Monday. After falling as much as 4.8% on Tuesday, the stock recovered to settle at $37.47, up 0.8% for the day but still more than 50% off its high in late March.  

Tuesday marked the first time the stock had fallen below $35.50 since  

Trump Media merged with the public shell company Digital World Acquisition Corp. and began trading under the ticker DJT on March 26.  

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