President Donald Trump‘s biggest publicly traded investment has taken a major hit in 2026. Shares of Trump Media & Technology Group Inc. (NASDAQ:DJT), the parent company of Truth Social, have plunged from $13.77 at the start of the year to $7.09 as of Friday intraday trading, a decline of nearly 49%.

That slide has translated into an estimated paper loss of roughly $766 million for Trump, who remains the beneficial owner of approximately 114.7 million DJT shares through the Donald J. Trump Revocable Trust.

Trump’s Billion-Dollar Stake Shrinks

Trump controls about 52% of Trump Media through a revocable trust, in which he is the sole beneficiary. His eldest son, Donald Trump Jr., serves as trustee and exercises voting and investment authority over the shares.

At DJT’s Jan. 2 closing price of $13.77, Trump’s stake was worth approximately $1.58 billion. With the stock now trading at $7.09, that holding is valued at about $813 million.