Donald Trump Actual NetWorth 2018:
Donald Trump (Born June 14,1946) is the 45th and Current President of United States, in office since January 20,2017.
Before Entering Politics, he was businessman television personalities. President Donald Trump’s networth took another substantial hit over the last year, dropping around 400$ million since he took office.
The 71 year old president, who became the first billionaire to serve in the oval office, when he was inaugurated in January 2017 has a net worth 3.1$million. Trumps dropped more more than 200 spot from 544th richest in 2017 to 766th in 2018 on the magazine annual Billionaire List as result.
The fall comes a year after the trump’s net worth was reportedly 3.5$billion – about 1$ billion less than his fortunes.
During his Campaign, Trump’s said he had a net worth of 10$ billion – but that claim was quickly debunked with report reflecting his net worth was closer to around 3$ billion or 4$ billion.
Donal Trump’s Busniess:
Trump’s Hotel and brand and management gigs, as well as his golf properties, suffering from his polarizing image this year as well. A number of hotels – in Toronto, Manhattan and, most recently, Panama City – Dropped Trump’s name from their branding as their properties became sites for protests.The Licenses Losses resulted in a 50$ billion drop this year.
Donald Trump’s Salary:
While in office, President Trump Receives a quarterly salary of around $100,000 – or about $400,000. At the beginning of his presidency, Trump pledged to donate his salary each quarter – and has kept that promise so far. Recipients of his quarterly salary donations include the department of education.
it all adds up to an estimated $3.1 billion fortune a far cry from the $10 billion-plus that trump’s once claimed but nonetheless enough to make him the richest president in u.s. history.
According to Forbes, Trump is now worth only $3.1 billion (instead of $3.5 billion). The loss seems to stem largely from real-estate issues – the value of Trump tower in new York city declined by $41 million last year and high – profile retail tenants are apparently vacating his other Manhattan properties.His hotel licensing and management company has also dropped in value.