Monday, October 25

Trump lost $ 700 million of his fortune during his presidency


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  • BBC World News

Donald Trump

Image source, Getty Images

Caption,

According to the Bloomberg Billionaires Index, Trump reduced his fortune to $ 2.3 billion.

Former United States President Donald Trump’s net worth fell by about $ 700 million during his four years in the Oval Office.

According to the Billionaires Index of Bloomberg, Trump’s fortune declined from US$3.000 a US$2.3 billion.

The calculation was made by analyzing financial documents and other files from among May 2016 and January 2021, in order to elucidate how much the ex-president’s wealth was before and after leading the US government.

Among the reasons that explain this decrease in his patrimony is the pandemic of covid-19, as Trump-branded office buildings, hotels and resorts lost significant revenue and fell in value.


www.bbc.com

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