A new report has confirmed President Trump’s comments that he did not profit from his presidency, but actually lost wealthy as a result of his service to America.
Forbes estimates his net worth at $2.4 billion, which is lower from $3.5 billion in 2017 at the start of the Trump White House.
After four years of allegations from the Democrats that Trump was enriching his company while in office, the truth is he actually lost 32 percent of his total wealth. This confirms his many comments on the matter.
“I believe it will probably cost me anywhere from three to $5 billion to be President., he previously said. “And the only thing I care about is this nation…couldn’t care less, otherwise.”
Moreover, the analysis done by Forbes and verified by experts also said that if President Trump had sold his assets and invested into the stock market, he would have made himself $1.6 billion wealthier.
This is because of the thriving stock market led by the Trump White House and helped by his business-friendly reconstruction of the tax laws, which was pushed by President Trump. Forbes admits, he refused to “profit from a booming market he helped create.”
Despite this, President Trump has said many times he has no regrets over making that sacrifice for the American people.
Author: Scott Dowdy