Donald Trump Refuses to Acknowledge That His Net Worth Stands At $2.5 Billion, 'Its Inaccurate'
Forbes states that politician and businessman, Donald Trump's net worth is a whopping $2.5 billion, but the former president of the United States believes it is merely on paper. Trump has stated that "his net worth fluctuates based on market conditions and his own and others' attitudes and feelings." His statement does come with the fact that in 2022 Forbes had estimated his total net worth at $3.2 billion, this figure has considerably declined by 22% in 2023. According to Forbes, Trump's main source of generational wealth stems from his New York property holdings which are worth a staggering $720 million.
The ace business leader also owns golf clubs and resorts valued at $730 million, including Trump National Doral Miami and Mar-a-Lago, also in Florida. Trump's additional assets and investments have been valued at $840 million. This includes a chunk of stake in Trump Media and Technology Group, which also owns the conservative social network called Truth Social. As per Forbes, Trump's media stakes are his "single most valuable asset."
Trump has also earned handsomely with his occasional acting career, he got paid $1 million for a Pizza Hut commercial, and his appearance on The Apprentice earned him a paycheck of $427 million in total. However, his latest stake in the social media company Truth Social remains to be only $180 million which is below the $730 million worth last year. As per Forbes, the ambitious social media venture has put him on a loss worth $500 million this year. Back in 2007 when Trump was stuck in a deposition case he claimed that his net worth was somewhere between $150,000 and $250,000. Trump backed the claim by saying that "the value of his net worth depends on how he is feeling, saying that his feelings on where the world is and where the world is going can change on a daily basis and that this, in turn, changes his net worth on a daily basis."
Back in 1987, Trump had appeared on The Late Show with David Letterman, where the host was particularly interested to know the exact net worth of the billionaire tycoon. But during the whole conversation on the show Trump refrained from giving out the exact details of his financial worth. He continuously tried to deflect the topic by changing the discussion from time to time. Throughout the interview, Trump insisted that he had absolutely no idea about his net worth. But when Letterman asked Trump if he was worth a billion dollars, Trump cheekily replied "Perhaps" and refused to state anything else further.
The former president's wealth is constantly fluctuating along with his business interests and high-profile mergers. In spite of losing millions towards risky business ideas, Trump still remains a billion-dollar strong.
References:
https://www.forbes.com/sites/danalexander/article/the-definitive-networth-of-donaldtrump/
https://www.cbsnews.com/news/donald-trump-net-worth-how-much-money/
https://www.thethings.com/donald-trumps-net-worth-billions/
