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Truth Social lost $58 million last year. Here’s who made money anyway.

Trump’s social network generated just $4 million in revenue last year, but the company’s leaders stand to make millions in salaries, bonuses and stock.

Trump Media spokeswoman Shannon Devine responded in a statement: “Truth Social just successfully launched as a public company, with a committed and expanding audience of millions of users, so it’s no surprise the partisan activists at The Washington Post — already the target of ongoing legal action for its defamatory reporting on us — would gin up this sort of ridiculous hit piece.” Board member Eric Swider, who was chief executive of the special purpose acquisition company that merged with Trump Media, and Renatus, his consulting firm in Puerto Rico, received about 153,000 shares as part of the merger deal, a stake worth $6.2 million. Another board member, Kash Patel, a former Nunes aide who served on Trump’s National Security Council, was paid $130,000 last year as part of a consulting agreement with his company, Trishul.

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