As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by WASHINGTONEXAMINER.COM:
Former President Donald Trump lost close to half of his wealth during his time serving as president.
Trump left office with a net worth of about $2.5 billion, down from $4.5 billion when he announced his candidacy for president in 2015.
The article goes on to state the following:
Trump was no. 121 on Forbes’s list of wealthiest Americans when he entered office. He saw his net worth fall from $3.1 billion in 2019 to the current $2.5 billion amid an economic recession brought on by government lockdowns that severely hit industries where Trump held many assets.
The report also reveals that the Trump Organization’s annual revenue plummeted by 38% in 2020, falling to only $278 million.
In addition, Trump didn’t even keep his $400,000 annual salary as president. Instead, he donated every one of his quarterly checks to different causes he cared about.
In November, just days after Joe Biden was declared the winner of the presidential election, Trump posted the following video to his Twitter account. Retweeted from a post shared by his social media director, Dan Scavino, the video features scenes from many events of Trump’s presidency, and includes a voice-over narration of the beloved poem, “If” by Rudyard Kipling.
— Dan Scavino🇺🇸🦅 (@DanScavino) November 14, 2020
Trump was no. 121 on Forbes’s list of wealthiest Americans when he entered office.
He left office with a net worth of about $2.5 billion, down from $4.5 billion.
— Washington Examiner (@dcexaminer) February 4, 2021
To get more information about this article, please visit WASHINGTONEXAMINER.COM.
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