Monday, November 25, 2024

Trump says he’s ‘really, really rich’. Looking ahead to a potential presidential victory, here’s how much he’s really worth

If there’s one thing many people know about former president and current Republican nominee Donald Trump, it’s that, in his own words, “Really, really rich.”

The exact parameters of his wealth are hotly debated – and so is his true worth Yo-yod wildly During his career.

Between the 78-year-old’s inheritance, his large real estate investments, his TV licensing deals, his mountain of lawsuits and settlements and his tenure as president, analysts have explored Trump’s true wealth, which often differs greatly from what he claims. He says there is. Trump himself hasn’t helped matters, and for years he’s been reluctant to actually release his tax returns.

Still, he squeezes. He is present 473rd place On that day Bloomberg’s Billionaire Index List of the World’s 500 Richest. As of this week, Bloomberg Trump’s net worth is estimated at $6.61 billion Trump Media Much of that recent bump is responsible for the fact that it ultimately cites real estate as a source of wealth.

In fact, one of Trump’s most unique avenues of recent wealth growth is through his new venture, Trump Media & Technology Group Corp., which owns the social media platform Truth Social. Trump Media’s stock price has nearly tripled in the past month. Company It was announced this week To access Truth Social’s Truth+ streaming platform, Amazon has launched an app for Fire TVs, which is also available on Androids, Apple TVs and the web.

But not all stores agree Bloomberg. Per the Wall Street JournalThat’s between $7.5 billion and $10 billion, more than twice what it was when Trump ran for president the last two terms. Meanwhile, ForbesIt is best known for its net worth estimates, reports Trump Worth $6.5 billion. All this to say: Trump is a billionaire, certainly wealthy, but the numbers are murky and the totals are in flux.

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Watch out for the Trump media. Its stock price has risen and fallen this year in tandem with Trump’s electoral odds. In recent weeks, as his prospects have improved, Trump Media’s share price hit an all-time high in September — with expectations that it will continue to rise if he is indeed elected. (Prices plummeted earlier this year, when Trump was found guilty of 34 felonies.)

No matter which publication’s estimate a voter buys, the actual dollar figure is unlikely to emerge clearly before the election. New York Attorney General Letitia James has said that Trump may be at different stages He overestimated his net worth Even $3.6 billion over the years.

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