In the upcoming year, Donald Trump could potentially break his own record as the wealthiest person ever elected as president.
Analysis by Bloomberg reveals that Trump has seen a notable increase in wealth since departing from the White House. Simultaneously, his level of indebtedness is at its lowest in years.
The Bloomberg Billionaire Index estimates Trump’s fortune now stands at $3.1 billion, up $500 million from 2021. That is higher than the $3 billion Bloomberg estimated in 2016.
According to Bloomberg estimates, rather than growing wealthier during his presidency, Trump experienced considerable economic setbacks while serving the public. Bloomberg’s evaluation indicates that Trump’s fortune dropped to $2.5 billion in 2020.
As reported by Bloomberg:
The higher net worth comes as Trump’s businesses are proving resilient in the face of a gloomy real estate market. His move to Florida after leaving the White House coincided with a boom in the state that’s bolstered the finances of two of his best-known properties — Mar-a-Lago in Palm Beach and the Doral resort in Miami — while revenues at the rest of his golf courses have surged more than 50% since 2019.
And after selling his Washington hotel and paying down loans, Trump