The data show that President Trump’s net worth has decreased by $300 million to $2.7 billion in the past year. Since taking office, his total assets have shrunk by 10%. Being president is like a loss making deal for trump.
Trump’s net worth has fallen by $300 million in the past year, the biggest annual decline since the company began tracking its wealth in 2015, according to a report on the 14th of the year by the blog. According to the analysis of the news agency, the net assets of trump group have been reduced due to the income reduction of trump group office buildings and the impact of the new crown epidemic on the real estate market.
to trump’s critics, this is like Trump’s “self inflicted”. Novel coronavirus pneumonia was not effectively led by Trump, but the economy suffered a major blow. This ultimately affected Trump’s personal wealth. Under the large-scale stimulus measures of the federal government and the Federal Reserve of the United States, with the rapid development of e-commerce, some areas of the U.S. economy are still “sustainable”. But in real estate, travel and leisure, economic losses continue.
according to the reference news on the 16th, quoting the Spanish “economist” on the 14th, trump is and will remain a rich man when he leaves the White House. However, whether he leaves office after this election or leaves the White House in 2024, becoming president of the United States is a losing deal for trump.
in 2020, Trump’s wealth will be about $2.7 billion, 10% less than when he first took office in the White House. In the last 12 months, Trump’s most valuable asset has been the landmark trump building on Fifth Avenue in New York, and the office building he owns on Wall Street. In addition to large buildings, the golf courses that made trump famous all over the country have also been greatly devalued. As a result of the national isolation measures, the stadiums have been rarely visited by tourists and players. In this way, Trump’s assets have lost an accumulated $300 million in the last year. Thus, the cost of being president of the United States is indeed very high.