Trump has become noticeably richer after leaving the US presidency
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The fortune of former US President Donald Trump after leaving the post of head of state in 2021 increased by $500 million and amounted to $3.1 billion. Bloomberg reports this.
The real estate entrepreneur’s business has shown resilience, despite the difficult market situation. In particular, over the past two years, many properties owned by Trump have risen in price. The most famous of them are the Mar-a-Lago resort in Palm Beach and the Doral Resort hotel in Miami, National Golf Club. The latter has increased in price by more than 50% since 2019.
Trump was also able to increase his wealth through the sale of a hotel in Washington. After this deal, the former US president paid off his debts and received a large amount of cash.
The capital of the former head of the States for 2021, according to the financial status report, is estimated at $4.5 billion. However, based on data from the state of New York, Bloomberg concluded that Trump was inflating the amount. According to the agency’s own calculations, several real estate properties are 2.5-3 times cheaper than the businessman claims.
Let us remind you that in September 2023 Trump found guilty of asset fraud. In particular, we are talking about the politician correcting his wealth figures upward.
The politician himself then stated that this decision was politically motivated.
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