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How Donald Trump’s financial future became tied to Trump Media

By Matthew Goldstein & David Yaffe-Bellany
New York Times·
11 mins to read

Donald Trump has treated Trump Media, which runs his social network Truth Social, as a low-cost sideshow. Now a big portion of his wealth hinges on its success.

At Mar-a-Lago on a Wednesday evening last month, Donald Trump mingled with partygoers, greeting his supporters and making small talk. Country star Lee Greenwood sang God Bless the USA, and the former president’s oldest son, Donald Jr., gave a speech.

The elder Trump was presiding over a cocktail reception for about

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