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BUSINESS
Trump’s net worth spiked over USD 850 million when the president-elect recently moved his 57 per cent stake in his media company to his revocable living trust.
Donald Trump is all set to become the US President for the second time. He will sworn in as the 47th US President. But how rich is he? Trump was a big businessman before entering the electoral fray. His business includes real estate, media technology and more. Trump's major fortune remains in real estate, which has struggled in recent years as interest rates increased, shoppers moved online and office workers headed home. Trump has inherited the real estate business. His father Fred Trump was counted among the most successful real estate businessmen in New York.
Moreover, he also owns golf courses, mansions, a winery and a 1991 Boeing 757 nicknamed Trump Force One. According to Forbes, Donald Trump has a real-time net worth of USD 6.7 billion, as of January 20. He has presided over the most lucrative post-presidency in US history, selling his supporters NFTs, coffee-table books and shares of a money-losing social media venture. Trump appeared alongside his father Fred on the first ever Forbes 400 list in 1982, with a combined net worth estimated at USD 200 million.
Trump’s net worth spiked over USD 850 million when the president-elect moved his 57 per cent stake in his media company to his revocable living trust. Trump has many luxury properties including a beautiful mansion worth USD 10 million. This mansion is spread over an area of 20 acres. It has 58 bedrooms, 33 bathrooms, 12 fireplaces, a spa, a swimming pool, a tennis court and a golf course. Trump also has luxurious houses in New York, Manhattan and St. Martin, Virginia.
READ | Donald Trump Inauguration TODAY: Know why it is called inauguration, history, significance