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French merchant bet $30 million on Trump winning the US presidency

Posted on 07/11/2024 at 11:00
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Trump cheques 4000 dólares, apoyo, presidente, MundoNOW
Theo Bets 30 Million Dollars on Donald Trump - PHOTO: The Associated Press
  • Adin Ross Bets a Million Dollars
  • French Trader Bets 30 Million Dollars
  • Theo, Expert in Trade and Finance

Adin Ross fell short by comparison!

Through his social media, the American influencer revealed that he bet one million dollars on Trump winning the elections.

However, a French trader ‘blew it out of the water’, claiming he bet 30 million dollars!

This man, known as Theo, is essentially looking to secure his future in case Donald Trump becomes the president of the U.S.

Theo’s motivation to bet on Donald Trump is economic

Theo Donald Trump, economy, politics, vision, MUndoNOW
Theo Bets 30 Million Dollars on Donald Trump – PHOTO: Screenshot from X

According to Infobae, Theo’s reason for betting on Donald Trump’s likely victory is simply to make money.

His motivation is economic; he does not delve into political issues.

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In other words, he sees it as a business opportunity rather than a way to support the Republican candidate.

He recently gave an interview to The Wall Street Journal.

Polymarket, the platform on which the bet for Donald Trump was made, confirmed that Theo has “extensive experience in trade.»

Not to mention, he is an expert with a «background in financial services.»

One might think he placed the 30 million dollars in a single bet, but the French trader did so in small bets.

Thus, he avoided causing the value of the bets to skyrocket. It is noteworthy that Americans cannot use this platform.

Theo, the French trader who bet 30 million dollars on Trump winning the presidency of the U.S., is described as:

A discreet man, with a short, well-trimmed beard and wearing a grey Nike sweatshirt. He spoke with a slight English accent.

It is known that he lived in the U.S. and worked in the banking sector. His fortune is a mystery to both his family and friends.

If he wins, he would get approximately 80 million dollars (WATCH THE VIDEO HERE).

To listen to the podcast of this and other news click on the photo

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PHOTO: MundoNOW

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