President Donald J. Trump gestures with a fist pump as he walks across the tarmac upon his arrival Thursday, Oct. 15, 2020, to Pitt-Greenville Airport in Greenville, S.C. (Official White House Photo by Shealah Craighead)
The estimate of Donald Trump’s wealth by Forbes has more than doubled in the last year thanks to his investment in Truth Social’s parent company. Forbes’s Stephen Pastis reports:
What Assets Does Donald Trump Own?
Trump’s portfolio of assets on Dec. 23 was worth $6.1 billion, making him the 530th richest person in the world. His wealth is largely tied to the value of TMTG. His 60% stake in the fluctuating stock makes him the largest shareholder, and it makes up more than half of his net worth. He also owns about $1.1 billion worth of skyscrapers, penthouses, buildings, homes, hotels and golf courses worldwide. Additionally, he owns a licensing business and sells various products, like Trump-themed NFTs, sneakers, Chinese-manufactured bibles, guitars, cologne and watches.
How Much Does Trump Spend Each Year?
Trump spent some $130 million on average annually between 2010 and 2019, Forbes reported through accessing bank records divulged for the first time in December from Trump’s civil fraud trial. That near-decade also saw several significant purchases, such as the customized Boeing 757 that would become Trump Force One, major properties and redevelopments.
How Much Did Trump Earn As President?
Trump made more money as the sitting president than any previous president, Forbes reported. His assortment of businesses brought in some $2.4 billion in revenue and some $550 million in income from 2017 to 2020.
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