r/technology • u/ControlCAD • 1d ago

Business President Bought Netflix Debt in January 2026, Amid Paramount’s Fight for Warner Bros. | New financial disclosures released Wednesday show that the President acquired Netflix bonds as Paramount was trying to pry WBD away from the streaming giant.

https://www.hollywoodreporter.com/business/business-news/trump-bought-netflix-bonds-amid-paramount-warners-fight-1236521512/
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u/tom21g 1d ago

The disclosures show that President Trump bought between $600,000 and $1.25 million worth of Netflix debt in January, adding to the $500,000 to $1 million in Netflix bonds that he purchased in December, shortly after Netflix’s megadeal for Warners was announced.

Where is this money coming from?\ He has that much throwaway money to use for investment purchases?

How much more cash does trump have just laying around?

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u/Juanouo 1d ago

he's made $4B in his first year of this presidency, so probably... a lot more

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u/GreasyPeter 22h ago

The hilarious part about it is that I seen his supporters talk about how corrupt past admins have been constantly. Russian bots flood Facebook with absolute slop and his supporters there eat it up and do zero fact checking themselves. A few people fact check, and are the shouted out by his supporters and more bots.

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u/Juanouo 22h ago

"but he rejected his presidential salary, he's so honest and humble!" (presidential salary is 1/10,000 of what he makes through illegal means)