Billionaire Trump Lost Nearly Half His Net Worth During Presidency

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Citizen X

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Dec 2, 2019
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The presidency literally was costly to former President Donald Trump.

Trump, who announced his candidacy in 2015 with a net worth of $4.5 billion, left office in January with about $2.5 billion, according to Forbes' estimates per Fox Business.

Forbes also said it was possible Trump had even less money than that since he "likely had to cover losses at his hotels."

An economic recession escalated by the COVID-19 pandemic contributed greatly to Trump's loss of worth, according to Forbes. He held assets in industries affected by government lockdowns.

Trump, who took office as No. 121 on Forbes' list of wealthiest Americans, saw his net worth drop to $3.1 billion in 2019.

In recent weeks, Trump's empire has been affected by multiple entities cutting ties following the Jan. 6 U.S. Capitol riot.

Also, the Trump Organization's revenue declined 38 percent, to $278 million, in 2020 when the pandemic crippled businesses around the world.

Some good news for Trump was that his Mar-a-Lago resort in Palm Beach, Florida, last year saw income rise 13 percent, from $21.4 million to $24.2 million. In the past, Mar-a-Lago has earned more than $30 million in a year.

During his four years in office, Trump's $400,000 annual presidential salary, paid in quarterly checks, was donated to various causes.

 

1/2planetaway

Well-known Member
Jan 19, 2021
875
865
93
The presidency literally was costly to former President Donald Trump.

Trump, who announced his candidacy in 2015 with a net worth of $4.5 billion, left office in January with about $2.5 billion, according to Forbes' estimates per Fox Business.

Forbes also said it was possible Trump had even less money than that since he "likely had to cover losses at his hotels."

An economic recession escalated by the COVID-19 pandemic contributed greatly to Trump's loss of worth, according to Forbes. He held assets in industries affected by government lockdowns.

Trump, who took office as No. 121 on Forbes' list of wealthiest Americans, saw his net worth drop to $3.1 billion in 2019.

In recent weeks, Trump's empire has been affected by multiple entities cutting ties following the Jan. 6 U.S. Capitol riot.

Also, the Trump Organization's revenue declined 38 percent, to $278 million, in 2020 when the pandemic crippled businesses around the world.

Some good news for Trump was that his Mar-a-Lago resort in Palm Beach, Florida, last year saw income rise 13 percent, from $21.4 million to $24.2 million. In the past, Mar-a-Lago has earned more than $30 million in a year.

During his four years in office, Trump's $400,000 annual presidential salary, paid in quarterly checks, was donated to various causes.

So in rough figures he was lost $2.4B overall / 4 yrs = $600Mill / yr...divide 365 days = $1.6Million per day Trump was PAYING to be President....and he worked every single day I bet...he lived and breathed it.....yes he could afford to maybe...but wow what an astonishing thing to do for your country...and at his age...wow

Someone please produce a list of the charities he donated to and the amounts would be great to see...
 

Jazon Panther. Ph.D.

Well-known Member
Jan 13, 2021
331
479
63
Atlantis & the Endless Isles
The presidency literally was costly to former President Donald Trump.

Trump, who announced his candidacy in 2015 with a net worth of $4.5 billion, left office in January with about $2.5 billion, according to Forbes' estimates per Fox Business.

Forbes also said it was possible Trump had even less money than that since he "likely had to cover losses at his hotels."

An economic recession escalated by the COVID-19 pandemic contributed greatly to Trump's loss of worth, according to Forbes. He held assets in industries affected by government lockdowns.

Trump, who took office as No. 121 on Forbes' list of wealthiest Americans, saw his net worth drop to $3.1 billion in 2019.

In recent weeks, Trump's empire has been affected by multiple entities cutting ties following the Jan. 6 U.S. Capitol riot.

Also, the Trump Organization's revenue declined 38 percent, to $278 million, in 2020 when the pandemic crippled businesses around the world.

Some good news for Trump was that his Mar-a-Lago resort in Palm Beach, Florida, last year saw income rise 13 percent, from $21.4 million to $24.2 million. In the past, Mar-a-Lago has earned more than $30 million in a year.

During his four years in office, Trump's $400,000 annual presidential salary, paid in quarterly checks, was donated to various causes.

BOY IS THIS A CHANGE!
 

Tanya

New Member
Feb 6, 2021
2
4
3
The presidency literally was costly to former President Donald Trump.

Trump, who announced his candidacy in 2015 with a net worth of $4.5 billion, left office in January with about $2.5 billion, according to Forbes' estimates per Fox Business.

Forbes also said it was possible Trump had even less money than that since he "likely had to cover losses at his hotels."

An economic recession escalated by the COVID-19 pandemic contributed greatly to Trump's loss of worth, according to Forbes. He held assets in industries affected by government lockdowns.

Trump, who took office as No. 121 on Forbes' list of wealthiest Americans, saw his net worth drop to $3.1 billion in 2019.

In recent weeks, Trump's empire has been affected by multiple entities cutting ties following the Jan. 6 U.S. Capitol riot.

Also, the Trump Organization's revenue declined 38 percent, to $278 million, in 2020 when the pandemic crippled businesses around the world.

Some good news for Trump was that his Mar-a-Lago resort in Palm Beach, Florida, last year saw income rise 13 percent, from $21.4 million to $24.2 million. In the past, Mar-a-Lago has earned more than $30 million in a year.

During his four years in office, Trump's $400,000 annual presidential salary, paid in quarterly checks, was donated to various causes.

But, but, but..he was stealing money from the American people...earning a massive amount of money off being President..
You mean the Dems and media lied??? 🙄
 
Feb 3, 2021
70
97
18
The presidency literally was costly to former President Donald Trump.

Trump, who announced his candidacy in 2015 with a net worth of $4.5 billion, left office in January with about $2.5 billion, according to Forbes' estimates per Fox Business.

Forbes also said it was possible Trump had even less money than that since he "likely had to cover losses at his hotels."

An economic recession escalated by the COVID-19 pandemic contributed greatly to Trump's loss of worth, according to Forbes. He held assets in industries affected by government lockdowns.

Trump, who took office as No. 121 on Forbes' list of wealthiest Americans, saw his net worth drop to $3.1 billion in 2019.

In recent weeks, Trump's empire has been affected by multiple entities cutting ties following the Jan. 6 U.S. Capitol riot.

Also, the Trump Organization's revenue declined 38 percent, to $278 million, in 2020 when the pandemic crippled businesses around the world.

Some good news for Trump was that his Mar-a-Lago resort in Palm Beach, Florida, last year saw income rise 13 percent, from $21.4 million to $24.2 million. In the past, Mar-a-Lago has earned more than $30 million in a year.

During his four years in office, Trump's $400,000 annual presidential salary, paid in quarterly checks, was donated to various causes.

He knew that a year ago. I watch him in a video saying he lost over 5 billion dollars and he's willing to lose a lot more to save this country.
This is why I won't be giving up on Trump or believing the social media lies that he has abandoned us.
Til the Ides of March I'll keep the faith. Probably even after that...
 

Jazon Panther. Ph.D.

Well-known Member
Jan 13, 2021
331
479
63
Atlantis & the Endless Isles
He knew that a year ago. I watch him in a video saying he lost over 5 billion dollars and he's willing to lose a lot more to save this country.
This is why I won't be giving up on Trump or believing the social media lies that he has abandoned us.
Til the Ides of March I'll keep the faith. Probably even after that...
AFTER HE RETURNS WE CAN MAKE IT UP TO HIM. IT WAS A BIG INVESTMENT FOR HIM, BUT I THINK IT WILL PAY OFF FOR ALL OF US! TRUMP IS JUST A MAN, AND MEN FAIL. BUT GOD NEVER FAILS. I STILL THINK TRUMP HAS AN ACE OR TWO UP HIS SLEEVES. MAYBE SOME COVFEFE!
 

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