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Salon
Salon
Politics
Igor Derysh

DARK SECRETS: Gop donor linked to truth social deal | Vintage Vibes

Jeff Yass Truth Social Donald Trump TikTok Trump Media

Jeff Yass, a billionaire Republican megadonor, was the biggest institutional shareholder of a shell company that merged with former President Donald Trump’s social media company last week, according to the New York Times.

A December filing shows that Yass’ firm Susquehanna International Group owned 2% of Digital World Acquisition Corp., which on Friday merged with Trump Media & Technology Group, which owns Truth Social. The stake was worth about $22 million based on the last closing price, according to the report.

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