Donald Trump is worth billions — here's how the former president has spent his cash
Donald Trump was the 45th president of the United States.Donald Trump was the first billionaire to enter the White House when he became the 45th President.Other assets he controls include hotels, office buildings, and golf courses.
Donald Trump went from real-estate magnate to reality-TV star to being elected the 45th president of the United States.Trump's fortune mainly stems from his property-and-hospitality businesses.against Trump, his business, and his three eldest children. Letitia James said Trump"falsely inflated his net worth by billions of dollars" and"repeatedly and persistently manipulated the value of assets to induce banks to lend money to the Trump Organization.
Here's what Trump's portfolio of golf courses, luxury cars, hotels, yachts, a vineyard, and aircraft looks like.Donald Trump, 76, is worth an estimated $3 billion, according to Forbes, after falling by $1 billion during the pandemic. His holdings include several golf courses, hotels, luxury cars, yachts, a vineyard, planes, and helicopters.The former president's fortune peaked in 2016, when he was worth an estimated $4.5 billion.
His wealth is centered around his commercial-real-estate holdings, which were worth an estimated $1.9 billion before the COVID-19 pandemic and after deducting debt, per Forbes. While running for the presidency, Trump spent $66 million of his own money to help fund his campaign, according to campaign-finance disclosures examined by Reuters.Trump was the first billionaire to become a US president and donated his annual salary of $400,000.Trump's New York City properties account for more than $1 billion of his net worth, per Forbes.Revenue sources include licensing, branding, golf resorts, and the Central Park ice-skating rink.
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