It would be interesting to see what former President Donald Trump would say if he was forced to give his true feelings about whether it was worth all he’s gone through the past five-and-a-half years.
He could count on a daily beating in the media every single day since he rode down that escalator at Trump Tower in June of 2015, and if the press wasn’t hounding him, Democrats in Congress were. He is the only president to be impeached twice, with a Senate trial looming that is set to start on Monday.
No doubt there was a huge price to pay with his legacy, but what about the financial toll becoming the leader of the free world took on Trump. According to a Forbes’ estimate, Trump’s net worth has been holding steady around $2.5 billion since last year, but overall it is down from the estimated $4.5 billion it was when he proclaimed to the world his intent to run for president in 2015. Losing almost half your wealth is painful for anyone, and maybe even more so when it is a total of $2 billion.
Back in 2016 when his presidential campaign kicked off, Trump was ranked No. 121 on Forbes’ list of richest Americans. It went up to $3.1 billion in 2019 Forbes said, but then the pandemic started bringing the pain to Trump’s primary businesses and assets. That doesn’t even take into account the numerous businesses that wanted nothing to do with the Trump brand since the Jan. 6 Capitol riot.
His Mar-a-Lago resort where he lives in Palm Beach is a money maker for the Trump Organization. It took in 24.2 million last year, much lower than the $30 million it usually earns. The Trump Organization’s revenue fell in 2019 to $278 million, a 38% decline.
He could have banked $1.6 million from his $400K salary as president each year, but he chose to donate that money every year. He might wish he had held on to it now.
Add comment