A billionaire in the White House. This is Donald Trump’s net worth
Donald Trump returns to the White House. The new US president is one of the richest people in the world, his net worth is almost $4 billion.
Donald Trump triumphs in the US presidential elections – on Wednesday, the AP agency reported that he had won 277 electoral votes, which is seven more than the required minimum. Let’s take a look at what financial resources he will return to the White House with.
Donald Trump’s net worth
A significant part of Trump’s fortune is real estate. These include the famous New York skyscraper Trump Tower and the exclusive Mar-a-Lago estate in Florida. Trump also invests in prestigious clubs, especially golf clubs – he owns as many as ten of them in six US states, whose net worth is estimated at $356 million. In addition, he owns two luxury golf resorts in Scotland and one in Ireland.
According to Super Express reports, Trump’s properties alone are worth approximately $1.1 billion. The daily also emphasizes that in addition to real estate, the former president has large cash resources – in 2023 he testified that his cash resources exceeded $400 million.
In September 2024, Forbes magazine estimated Donald Trump’s net worth at approximately $3.9 billion. A significant part of his income is generated by the social networking site Truth Social, considered a “right-wing alternative to Twitter”, whose value is estimated at $1.8 billion.
Fluctuations in values and a decline in the rankings of the richest
In September, Trump lost his place on the Bloomberg Billionaires Index list of the 500 richest people in the world. The reason was the downward trend in the shares of Trump Media & Technology Group (TMTG), the owner of Truth Social. In May, Trump’s 114.75 million TMTG share was valued at $6.2 billion. However, due to a drastic drop in their value in September, the value of the package decreased to $2.1 billion, which caused Trump to leave the prestigious Bloomberg Billionaires Index.
In turn, stock market experts emphasize that the shares of Trump Media & Technology Group are still subject to significant fluctuations, which affects Trump’s position among the richest people in the world.
