Who is Donald Trump?
Donald Trump is a former President of the United States. He is believed to be the richest US president. Donald Trump’s net worth is $2.5 billion. He served as the 45th President from January 20, 2017, to January 20, 2021. Prior to his presidency, he was a businessman and television personality.
Donald Trump’s net worth in rupees is 20,530 crores INR.
Donald Trump | |
Net Worth | $2.6 billion |
Salary | $400,000 (Presidential) |
Date of Birth | 14th June 1946 |
Age | 76 |
Height | 1.9 m or 6' 2” |
Nationality | American |
Donald Trump Early Career
Donald Trump's early career began in the 1970s, when he joined his father's real estate development company, The Trump Organization, as a top executive. He was involved in the development and management of various real estate projects in New York City, such as the Grand Hyatt Hotel and Trump Castle.
In the 1980s, Trump expanded his business interests to include casinos, hotels, and golf courses. He also began to establish himself as a public figure through his appearances on television shows, including "The Oprah Winfrey Show" and "The Phil Donahue Show." Despite some financial setbacks, including the failure of several Atlantic City casinos, Trump remained a prominent businessman and public figure throughout the 1980s and 1990s.
In 2016, he announced his candidature for President of the United States and won the presidential election. He is rumored to be the wealthiest president in US history. Donald Trump’s net worth today is $2.5 billion, according to Forbes.
Donald Trump Net Worth and Earning Assets 2023
Donald Trump's earning assets have been primarily from his real estate development and ownership, as well as his various business ventures such as hotels, golf courses, and licencing deals. In the 1970s and 1980s, Trump was involved in the development of several notable real estate projects in New York City, including the Grand Hyatt Hotel and Trump Tower. He also expanded his business interests to include casinos, hotels, and golf courses in Atlantic City and other locations.
Trump's earning assets also included income from his reality TV show, "The Apprentice," and its spin-offs, which ran for 14 seasons from 2004 to 2015. He was also the executive producer of the show. He also had a stream of income from his books, speeches, and other appearances.
Trump has also had a number of licensing deals, allowing other businesses to use the Trump name and brand for products and services. Today, Donald Trump’s net worth is in the billions. - $2.5 billion, to be precise.
Around September 2022, Trump had significantly more money in his pocket. According to Forbes, the former President of the US had a net worth of $3.2 billion. Since then, his net worth has taken a deep dive. The decline is primarily due to a decrease in his social media assets. According to Forbes, the former president's social media company, Trump Media and Technology Group, is worth $730 million. However, the company is only worth $180 million now.
According to Forbes, Trump who is currently facing a fraud lawsuit, has lied about his net worth for years. Trump's net worth, ever since the lawsuit started has dropped off by $600 million. His office towers are also predicted to be down by $170 million and the former president has also dropped off the richest Americans list.
Donald Trump Salary
During his tenure as President of the United States of America, Donald Trump received a salary of $400,000 per year. The former two presidents who came before Trump were also paid the same amount.
The President of the US receives a $50,000 annual spending allowance. They also receive free transportation, free housing in the White House, and free health care that is managed by the private medical staff on staff there. Donald Trump was also entitled to these.
Donald Trump Hush-Money Controversy
Donald Trump has become the first-ever American President (though former) to face criminal charges. Stormy Daniels, an actress in adult films, approached media agencies in 2016 and offered to sell them her account of what she claimed to be an adulterous liaison she had with Donald Trump in 2006, the year after Trump wed Melania. When the incident reached Trump's ears, he got his lawyer Michael Cohen pay $130,000 to Daniels. Paying the hefty sum to keep her mouth shut is not illegal per se, however, according to the payment's record, Mr. Trump reimbursed his solicitor for legal fees.
The prosecution says that the former President of the US is accused of manipulating company records, which is a misdemeanour, or criminal offence, in New York. Moreover, it is alleged that this cover-up also breaks election laws, because if his payments and connection to Daniels had reached the public's ears, it would have severely impacted his Presidential run.
Now, Donald Trump is indicted over the hush-money payment to the adult actress by Manhattan Grand Jury.
Donald Trump Houses and Real Estate Properties
Being the son of a business tycoon and having a net worth of billions, the former US president has a number of luxurious houses and real estate properties to his name. Trump has seven properties in three US states and one in the Caribbean. Here is a list of some of the houses and properties owned by Donald Trump.
- Trump Tower Penthouse, New York City
- Mar-a-Lago, Palm Beach
- Trump National Golf Club, Bedminster Township, New Jersey
- Seven Springs, Bedford, New York
What Cars Do Donald Trump Own?
Here is a list of all the cars owned by Donald Trump:
- 1956 Rolls-Royce Silver Cloud
- McLaren Mercedes SLR1997
- Lamborghini Diablo VT Roadster
- Cadillac ‘Trump’ Limo
Does Donald Trump have any or do charities?
Donald Trump has been involved in charitable giving through his foundation, the Donald J. Trump Foundation. The foundation was established in 1988 and has made donations to a variety of organizations, including healthcare institutions, veteran's groups, and schools. Trump has also made personal donations to various charitable causes. He has made significant donations to groups such as the Police Athletic League, the Marine Corps Law Enforcement Foundation, and the Leukemia & Lymphoma Society. He also held several charity events, such as the "Trump Invitational Grand Prix" in 2007, which raised millions for charity.
Some Interesting Facts and Quotes of Donald Trump
Here are some of the most interesting facts about Donald Trump.
Interesting facts:
- Donald Trump is the only president in U.S. history to have been impeached twice. He was first impeached in December 2019 for abuse of power and obstruction of Congress, and then again on January 13, 2021, for incitement of insurrection.
- Trump was a reality TV star before becoming president.
- Trump is the only president in U.S. history to have previously filed for bankruptcy multiple times.
- Trump is the first president in U.S. history to have no prior military or political experience before taking office.
- Trump is a self-professed germaphobe.
Quotes:
- “Get going. Move forward. Aim High. Plan a takeoff. Don't just sit on the runway and hope someone will come along and push the airplane. It simply won't happen. Change your attitude and gain some altitude. Believe me, you'll love it up here.”
- “As long as you are going to be thinking anyway, think big.”
- “Show me someone without an ego, and I'll show you a loser.”
- “When you are wronged repeatedly, the worst thing you can do is continue taking it--fight back! ”
- “What separates the winners from the losers is how a person reacts to each new twist of fate.”
- “It doesn`t hurt to get more education.”
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