- During his single term as President of the United States, Donald Trump earned at least $ 1.6 billion.
- According to financial disclosure, he could have earned as much as $ 1.79 billion.
- Much of the revenue comes from Mar-a-Lago, its hotel in DC, and its American golf courses.
- Visit the Insider Business Department for more stories.
Donald Trump may have donated his $ 400,000 salary as president, but that represents only a tenth of a percent of the money he made while he was the world’s most powerful man.
During his four-year tenure, Trump reportedly earned between $ 1.6 billion and $ 1.79 billion, with some $ 620 million coming from the Mar-a-Lago resort, his hotel in the capital country, and three of its golf courses in the United States.
As Insider reported earlier, despite earning hundreds of millions of dollars each year, he paid only $ 750 in federal income taxes for his first year in office.
This emerges from a review of the former president’s financial revelation by Citizens for Responsibility and Ethics in Washington, a liberal watchdog group that argued that Trump’s salary cut was “merely a fig leaf to cover up four years of hard corruption.”
CREW found that the pandemic caused revenue at the Trump Hotel in Washington, DC, to plummet – from $ 40 million in 2019 to $ 15 million the following year – but not in Mar-a-Lago, which the former president described as labeled the “Southern White House.” . “
In general, however, Trump seems less wealthy today than he was when he took office. In the fall of 2020, Forbes said the former president is now the 352nd richest person in America – a drop from 275 the previous year, reflecting a drop in net worth of $ 3.1 billion to $ 2.5 billion.
According to a report by Forbs, the former head of state has deposited millions of dollars in 2020 campaign donations in the Trump organization.