Former President Trump lost almost half of his total wealth during his term as POTUS.
Trump left Washington with a net worth of around $2.5 billion, lower than the $4.5 billion he had when he announced his run for office back in 2015.
Trump was number 121 on Forbes’s list of richest Americans when he was sworn into office. He witnessed his net worth decrease from $3.1 billion in 2019 to the number of $2.5 billion after an economic recession caused by government lockdowns hitting many industries which Trump held investments and assets.
Multiple banks also cut ties with President Trump during the ending days of his White House after he came up against accusations of inciting the Capitol Hill incident that ended in violence.
Trump’s company, called the Trump Organization, had a decline in revenue of around 38% last year, down to a total of $278 million.
One good spot for the president was his Florida resort, called Mar-a-Lago, where he now resides, which had a 2020 income increase of 13% in 2020, with the number going from $21.4 million to $24.2 million last year. In the past, the resort has made over $30 million in one year.
Trump earned $400,000 in yearly salary as POTUS but gave it all away to various causes throughout his time in office.
All of this goes to show just what a fighter President Trump has been during the past four years. Anyone who would forego billions just to MAGA, is truly among the best genuine leaders the GOP has ever had.