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   Message 26,293 of 27,547   
   Leroy N. Soetoro to All   
   How Rich Is Former President Donald Trum   
   10 Apr 22 19:26:02   
   
   XPost: alt.politics.trump, sac.politics, alt.fan.rush-limbaugh   
   XPost: talk.politics.guns   
   From: democrat-criminals@mail.house.gov   
      
   https://news.yahoo.com/rich-former-president-donald-trump-190840283.html   
      
   Former President Donald Trump lost roughly $600 million of his net worth   
   during his time in office as President of the United States. He lost   
   another $700 million following the Capital Hill riots and his impeachments   
   after several organizations stopped doing business with Trump or any of   
   his properties.   
      
   In 2022, Trump made back roughly $430 million of those losses with his   
   newest endeavor: Truth Social. Forbes reports that the social media   
   platform, which Trump announced in October 2020 and launched in February   
   2022, has been downloaded more than 1 million times.   
      
   Forbes pegs Trump’s current net worth at $3 billion, in total, which is   
   just slightly less than his net worth during his first year in office. The   
   Trump Media and Technology Group, which owns Truth Social platform,   
   announced plans to merge with a SPAC. Since the announcement, Trump Media   
   shares climbed from $10 to $50. Forbes estimated that Trump owns at least   
   50% of the shares. If the deal goes through, which Forbes says is not a   
   sure thing, Trump could sell his shares for $10 each, if desired. None of   
   this, however, plays into his newfound wealth, since the deal is not yet   
   done.   
      
   In 2022, Trump climbed a few steps up the billionaire’s list ladder,   
   placing 1,012 in the world, up from his 1,299 ranking in April 2021.   
      
   Donald Trump’s Net Worth   
   At the time of his inauguration, Donald Trump was the oldest person to be   
   sworn into the office of the president of the United States. He was 70   
   years, 220 days old on Jan. 20, 2017. (That title now belongs to President   
   Joe Biden, who was 78 when he was sworn in). Trump beat out a number of   
   contenders to become the Republican nominee for the 2016 presidential   
   election. He went on to defeat Democratic nominee Hillary Clinton. His   
   term ended on Jan. 20, when Biden began his term as the 46th president.   
      
   Trump was born into a wealthy family and inherited about $40 million from   
   his late father, real estate developer Fred Trump. In 1971, Donald Trump   
   became head of what would later be known as The Trump Organization.   
      
   Trump’s earnings and title have since helped him develop more than 500   
   companies. The business mogul has his stake in luxury golf courses,   
   skyscrapers, television shows, casinos, books, merchandise and, now,   
   social media. These endeavors have helped him reach the estimated $3   
   billion that put him on the Forbes Billionaires List for 2022.   
      
   Donald Trump’s Business Successes   
   Back in 1980, Trump landed a deal with Hyatt, the city of New York and the   
   unprofitable Commodore Hotel beside the Grand Central Station, earning the   
   right to renovate and rebrand the ailing hotel into the Grand Hyatt. The   
   property became an instant success, making Trump one of the best-known   
   real estate developers in the area.   
      
   In 1984, Trump completed construction on the 68-story Trump Tower, which   
   serves as headquarters for The Trump Organization to this day. The   
   building includes a 60-foot waterfall and, on opening day, had five levels   
   of retail stores and restaurants.   
      
   Trump has owned a slew of successful businesses and properties, among them   
   Trump Place, a luxury residential community spanning 92 acres. The Trump   
   International Hotel & Tower Chicago has a hotel, condos and numerous   
   restaurants and shops. The success of Wollman Rink, a Central Park staple,   
   is arguably credited to Trump.   
      
   However, following the storming of the U.S. Capitol, New York City   
   announced that it was severing its business ties with Trump. On Jan. 13,   
   2020, Mayor Bill de Blasio announced that the city would be terminating   
   three contracts with The Trump Organization that would cease its   
   operations of a carousel in Manhattan’s Central Park, skating rinks and a   
   golf course in the Bronx, Reuters reported.   
      
   Donald Trump’s Failed Businesses   
   Donald Trump has major business wins to his name, but he also has some big   
   losses.   
      
   In 1988, Trump spent $365 million on a fleet of Boeing 727s, as well as   
   landing facilities in Boston, New York City and Washington, D.C. He also   
   bought the rights to paint his name on a plane. His attempt to build a   
   luxury flying experience under the Trump Shuttle name failed, however, and   
   the company was decommissioned.   
      
   In 1990, the banks that backed Trump’s investments provided him with a $65   
   million bailout in new loans and credit. Trump’s famous Taj Mahal casino   
   in Atlantic City, New Jersey, went bankrupt in 1991, and Trump Hotels &   
   Casino Resorts went bankrupt in 2004. In 2009, the same company — now   
   called Trump Entertainment Resorts — filed for bankruptcy again.   
      
   One of Trump’s highest-profile business failures is Trump University. The   
   unaccredited online college was launched in 2005 and closed down in 2010.   
   Three Trump University lawsuits plagued his first presidential campaign,   
   alleging that Trump University was a scam that cost students tens of   
   thousands of dollars. Trump settled the lawsuits for $25 million, though   
   he did not admit any wrongdoing.   
      
   Donald Trump’s Wife and Family   
   Donald Trump has been married three times. He was with his first wife,   
   Ivana, from 1977 to 1992. The couple had three children together: Donald   
   Jr., Ivanka and Eric. The three eldest Trump children — along with   
   Ivanka’s husband, real estate investor and developer Jared Kushner — were   
   highly involved in their father’s presidency.   
      
   Trump married Marla Maples in December 1993, two months after Maples gave   
   birth to their daughter, Tiffany. The couple divorced in 1999.   
      
   Trump has been married to his current wife and former first lady, Melania   
   Trump, who has an estimated net worth of $50 million, since 2005. Melania   
   is the mother of Trump’s youngest son, Barron.   
      
   Donald Trump’s Lifestyle   
   Donald Trump sometimes lives in a three-floor penthouse in Trump Tower   
   with his wife, Melania, and son Barron. The luxuries the family enjoys at   
   Trump Tower include an indoor fountain and a door encrusted with diamonds   
   and gold, Business Insider reported.   
      
   Among Trump’s other notable properties is Mar-a-Lago, where he spent 25 of   
   his first 100 days in office. He moved back to the estate after his term   
   as president ended, CNN reported. The luxury club is worth $180 million,   
   according to Forbes, and sits on 17 acres of valuable South Florida land.   
   Trump bought the estate — which boasts 58 bedrooms, 33 bathrooms, 12   
   fireplaces and three bomb shelters — for the bargain price of $10 million   
   in 1985.   
      
   Before having access to Air Force One, Trump shuttled between campaign   
   stops in his $100 million Boeing 757 adorned with gold seatbelts. His   
   fleet of luxury vehicles includes a Rolls Royce, an electric blue 1997   
   Lamborghini Diablo and a Mercedes-Benz SLR McLaren.   
      
   Trump’s 2024 Presidency Plans   
      
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