How Wealthy Is Donald Trump?

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Donald Trump

Donald Trump announced his intention to seek for re-election in 2024 on Tuesday, November 15, 2022. He is up against Florida Gov. 

His Net Worth!

According to Forbes, Trump's wealth reached $3.2 billion in September 2022, with $730 million coming from his social media venture Truth Social.

In October 2021, Trump announced the formation of the platform, and in February 2022, he unveiled it. On November 16, 2022, Trump had 4.55 million supporters.

In Forbes List

As of November 2022, Trump's position on Forbes' list of billionaires was 892, up from 1,012 in June of the same year.

Before this recovery, Trump had lost about half of his wealth as president as a result of companies refusing to do business with him or his properties.

Drop In Wealth

In 2016, Forbes estimated his wealth to be $4.5 billion, and by 2020, they estimated it to have dropped to $2.1 billion.

Inheritance

Trump's late father, real estate mogul Fred Trump, left him an estimated $40 million when he passed away.

In 1971, Donald Trump took over what would become The Trump Organization. Trump started more than 500 companies with the money he made.

These activities have contributed to his estimated $3 billion fortune, which has landed him on the Forbes Billionaires List for 2022.

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