President Donald Trump considers himself a “self-made billionaire” of extraordinary wealth. But what exactly is Trump’s net worth?
It turns out that it is a complicated question to answer.
First, much of Trump’s wealth is held in real estate, not in bonds or equity. Second, the Trump Organization is a private company, so limited financial information is available.
In 2019, Forbes estimated Trump’s net worth at $ 3.1 billion. If necessary, this makes Trump the 259th richest person in the United States on March 5, 2019.
The US $ 3.1 billion is divided as follows: US $ 310 million in cash / personal assets, US $ 80 million in commercial brands, US $ 590 million in golf courses, US $ 1.5 billion in real estate in New York City and $ 660 million in real estate held outside New York.
Donald Trump spent $ 70 million of his own money on his 2016 presidential campaign.
He was also significantly driven by his father’s wealth in his youth – a New York Times investigation found that Trump received at least $ 413 million in today’s dollars from his father’s real estate empire.
To learn more about Trump’s wealth, watch the video above.
Follow the latest videos in the street!