Donald Trump Net Worth 2019: How Much is US President Worth?

President Donald TrumpShareholders’ equity rose to $ 3 billion, a 5% gain last year, thanks to an increase in the value of an office building contract that he sued to prevent.

Trump’s rise in wealth reverses two years of decline and brings his net worth back to 2016 levels, according to data compiled by Bloomberg Billionaires Index creditors, property registries, securities registries, market data and financial disclosure. This is despite setbacks at his family business, including the cancellation of two new hotel chains and the reduction of deals at his Florida resort Mar-a-Lago and seven golf courses.

Trump’s highest net worth shows how his wealth became dependent on Steven Roth, a friend who leads Vornado Realty Trust. Trump 30% share on two Vornado properties – 1290 Ave. of the Americas, a 2.1 million square foot tower in midtown Manhattan and 555 California St., a 1.8 million square foot office complex known as the Bank of America Center in the financial district of San Francisco – accounts for a quarter of his fortune. His partnership with Vornado, who owns the remaining 70%, resulted from a chain of real estate transactions that Trump once sued block.

How President Trump’s $ 3 billion net worth stands out

Subtract from Trump’s total assets at least $ 550 million in debt, and its estimated net worth is almost $ 3 billion, compared to $ 2.8 billion one year ago.

Source: calculation of Bloomberg billionaires

Accepting the deal proved to be profitable. Last year, Trump’s share of the two properties increased to $ 765 million, an increase of 33% in relation to the last year, thanks to the drop in office capitalization rates and the increase in net income. A fall in capitalization rates across the market, which accompany property prices in relation to the net profit they produce, may indicate an increase in demand, raising valuations.

Trump’s stake in Vornado’s buildings eclipses the combined value of his golf courses and resorts to become his greatest source of wealth. The value of golf courses and clubs fell 19% to $ 525 million as the industry handles falling demand.

Financial Disclosures

Paula Fonseca