Trump Jr. Collected $42,000 Monthly as PublicSquare Lost $160 Million and Stock Sank 99%
Updated
Updated · Raw Story · Aug 21
Trump Jr. Collected $42,000 Monthly as PublicSquare Lost $160 Million and Stock Sank 99%
1 articles · Updated · Raw Story · Aug 21
Summary
$42,000 a month in consulting fees went to Donald Trump Jr. from 2024 even as PublicSquare burned nearly $160 million and its shares collapsed 99%, the Wall Street Journal reported.
More than $500,000 went to Trump Jr. last year—above the CEO's roughly $300,000 pay before his January resignation—while the NYSE warned the company could be delisted.
PublicSquare's marketplace failed to gain traction, and executives said its business model unraveled after President Trump embraced the tech companies he had attacked on the campaign trail.
41% of the workforce has since been cut, the marketplace shut down, a streaming show was canceled and an anti-abortion diaper brand was dropped as the company retrenched.