The decline in his wealth largely comes from the value of his social media company, which suffered a $550 million decrease over the last six months.
. His highest ranking was $4.5 billion in 2015—when he announced his first presidential campaign. His net worth took a dive in 2020—during his second bid for the White House—falling to $2.1 billion., his net worth has hovered around the $2.5 billion mark, although last year was slightly higher at $3.2 billion.
Former President Donald Trump greets supporters during a campaign rally at Minden-Tahoe Airport on October 8, 2022, in Minden, Nevada. Trump's net worth seems to have fallen significantly since the fall, according to the latest estimates from Forbes.Most of Trump's wealth comes from his golf clubs and resorts, which, according to the most recent report, are valued at $730 million, and his real estate ventures in New York City, which are valued at $720 million.
The fall in Trump's net worth largely comes from a decrease in his social media assets. Last September,estimated that the former president's social media company, Trump Media and Technology Group, was worth $730 million. However, six months later, the business is only valued at $180 million. Of all the properties that the former president owns, the one with the highest net value is 1290 Avenue of the Americas in Manhattan. Trump's 30 percent stake in office and retail brings the net value of the skyscraper to $330 million. The building is overseen by Vornado Realty Trust CEO Seth Roth, who served on the economic advisory council of Trump's 2016 presidential campaign.
Trump's second most valuable property is Mar-a-Lago, the private club in Palm Beach, Florida, where Trump has lived since leaving office in 2021. It is valued at $325 million. He initially purchased the club in 1985 for roughly $10 million.
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