Forbes reports a significant decline in Trump's net worth.

Donald Trump is scheduled for arraignment in a Manhattan court on Tuesday where a sealed indictment with reportedly thirty charges awaits him.

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Forbes claims that Trump's net worth has taken a hit due to the failure of his social media platform, Truth Social.

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Truth Social has been a flop and is in danger of collapsing, which could lead to a refund of approximately $300 million to investors.

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The failure of Truth Social to attract users is the fundamental problem; it was projected to attract 81 million users by 2026, but now, it has only an estimated 5 million users.

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Trump's estimated stake in Truth Social has decreased from $730 million to about $180 million today, considering his 85% ownership and the estimated worth of Twitter at $42 per user.

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Forbes estimates Trump's net worth to have plummeted from an estimated $3.2 billion last fall to $2.5 billion today.

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Truth Social's current pace of user acquisition suggests it will not hit its projected 81 million users until 2086, a highly unlikely outcome, according to Forbes' Dan Alexander.

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