Trump returns to the White House amid wealth changes
The AP reported on Wednesday that Donald Trump won the presidential election in the USA. The Republican candidate secured 277 electoral votes, seven more than the required minimum. Here's the wealth he will return to the White House with.
9:12 AM EST, November 6, 2024
Donald Trump's wealth largely consists of real estate. Among his assets are the famous Trump Tower, a skyscraper in New York, and the Mar-a-Lago estate in Florida.
Trump's wealth
Trump's investments also include various clubs, including ten golf courses across six U.S. states with a total net value of 356 million dollars and two golf resorts in Scotland and one in Ireland.
"Super Express" reports that his real estate is worth 1.1 billion dollars.
"Trump, in addition to his wealth, also has substantial cash reserves. In 2023, he testified that he has over 400 million dollars in cash," the newspaper writes.
In September 2024, "Forbes" magazine reported that Donald Trump's wealth amounts to approximately 3.9 billion dollars. A significant portion of his income is generated by a social media initiative called Truth Social, considered a "right-wing version of Twitter," which is valued at 1.8 billion dollars.
Trump falls off the list of the richest
At the end of September, Donald Trump fell off the Bloomberg Billionaires Index, the list of the 500 richest people in the world. This is because the valuation of Trump Media & Technology Group's stock significantly decreased. The 114.75 million shares Trump held were valued at 6.2 billion dollars in May.
By the end of September, its value had dropped to 2.1 billion dollars. This was not enough to remain on the Bloomberg Billionaires Index, the list of the world's 500 richest people.
