US regulatory filings indicate ex-"The Apprentice" contestants Andrew Litinsky and Wesley Moss have sold most of their stake in Trump Media & Technology Group (TMTG).
As of Thursday, Litinsky and Moss' United Atlantic Ventures owned only 100 shares of Trump Media, the parent of Trump's social media platform Truth Social, down from the 7.525 million United Atlantic bought when Trump's company merged with a blank cheque firm, CNN reported.
The regulatory disclosure was published by TMTG on Thursday. Current prices value that stake at around $100 million.
According to the latest filings, Trump owns 114.75 million shares of Trump Media.
It was valued at $8.9 billion in May. Despite this, Trump Media's share price has fallen to record lows in recent months.
Based on Thursday's closing price of $20.23, Trump's stake is worth about $2.3 billion.