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Trump’s various lawsuits against media companies last year fetched $86.5 million.
The highest payout came from Meta, which owns Facebook and Instagram. Following the riots in Washington DC on January 6, 2021, the president ordered 24.5 million dollars to settle the lawsuit regarding the suspension of Trump’s account by the company.
A lawsuit against Paramount, which owns the CBS news channel, and ABC News has been settled for $16 million each.
According to the statement, net proceeds from the lawsuit will go to the Trump Presidential Library.
Trump in 2016 In 2021, he received $22 million from YouTube to settle a case against his account after the violence.
That money goes to the trust that runs the National Mall in DC.
Twitter co-founder Jack Dorsey — now known as X after being bought by Elon Musk — was paid $8 million to Trump after the president was banned from the podium following the scandal.
The documents do not say what that money will be used for.
