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IPFS News Link • Trump Administration

Trump's Net Worth Fell by Over $1 Billion During His Presidency

• NTD

Former President Donald Trump's net worth shrank by nearly one-third over his four years in the White House, according to the Forbes annual billionaire list.

The Forbes roundup of the world's richest individuals, published April 6, shows that Trump ranked at 1,299 with an estimated net worth of $2.4 billion in 2021.

In 2017, Trump's first year in office, the former president's net worth was an estimated $3.5 billion, or nearly 32 percent more than now.

The data affirms Trump's numerous statements that his presidency wasn't making him richer.

Still, Trump's current net worth is an uptick from March of last year, when he was estimated to be worth $2.1 billion, according to a Forbes estimate that sought to gauge the impact of the pandemic on his many business interests. That approximation was done looking at changes in the price of stocks similar to each segment of Trump's businesses, with the numbers reviewed by industry experts.